It's Official: Sabre is the World's Best GDS and Travelocity is the World's Leading Travel Internet Site; Sabre Businesses Shine
15 November 2005 - 12:00AM
Business Wire
The Sabre global distribution system has won the accolade of
'World's Leading GDS/CRS' for a record twelfth consecutive year at
the World Travel Awards, this year presented at World Travel Market
(WTM) in London. Travelocity was named the 'World's Leading Travel
Internet Site' for the eighth consecutive year. "Our parent
company, Sabre Holdings, has led the way in expanding and deepening
its presence in every channel of travel distribution, offering
travel suppliers huge distribution value," said John Stow,
president of Sabre Travel Network. "The Sabre GDS remains the most
efficient and profitable way for travel suppliers to distribute
their products. Travel agents and travel providers around the world
have recognized this, and today's tremendous honor is the result."
Michelle Peluso, Travelocity's president and chief executive
officer, was named 'Internet Travel Personality of the Year' at the
ceremony. She said the dotcom's award was the result of its
continued focus on "getting things right for the customer," and its
"before, during and after" approach to the entire travel
experience. "Our acquisition this year of lastminute.com was a
natural extension to our view that travel is more than about
getting to your destination - it's about everything that happens
during and after the trip. We're just so pleased and grateful that
this approach has been recognised by the World Travel Awards, and
we're looking forward to growing our presence in Europe still
further through lastminute.com." "Since founding the World Travel
Awards in 1993 we have seen a growing sophistication in the travel
and tourism trade, and increased competition," said Graham Cooke,
president of the World Travel Awards. "Although 2005 has seen its
fair share of global events, from hurricanes to soaring oil prices,
our winners have continued to survive and thrive. They've seen
challenges as opportunities and led the way for the industry. They
are having a major impact and influence on the world's travel and
tourism industry, and are true innovators and benchmarkers,
especially in the areas of customer service, technology,
operational efficiency, product offering and style." The World
Travel Awards were organized in 1993 to acknowledge and celebrate
excellence in the world's travel and tourism industry. They are
voted for independently by travel professionals worldwide. More
than 150,000 agents from 80,000 travel agencies across the globe
participated in the World Travel Awards' recent voting campaign.
About Sabre Travel Network Sabre Travel Network, a Sabre Holdings
company, provides access to the world's leading global distribution
system (GDS). The Sabre GDS is a ready-built efficient marketplace
that connects suppliers, including hundreds of airlines and
thousands of hotels, with more than 50,000 travel agency locations.
Suppliers get access through one single connection; travel agents
get real time access to thousands of travel products from multiple
suppliers through one source integrated into their businesses;
consumers get access to a global supermarket of the world's
greatest travel possibilities. Key brands of Sabre Travel Network
include GetThere, the leading Web-based corporate travel
reservation technology, and Jurni Network, the unique leisure
travel agency consortium in the United States that enables members
to sell more products from preferred travel suppliers using
sophisticated market intelligence. About Travelocity Travelocity is
committed to being the traveler's champion - before, during and
after the trip and works hand-in-hand with the world's most
reputable travel providers so that everything about a customer's
booking will be right. And if it's not, Travelocity guarantees that
it will work with its partners to make it right, right away. This
customer-driven focus, backed by live 24/7 phone support, great
prices and powerful shopping technology has made Travelocity the
fifth largest travel agency in the U.S. - booking $4.9 billion in
travel in 2004. Based in Southlake, Texas, Travelocity also owns
and operates Travelocity Business(SM), and lastminute.com, a leader
in European online travel. Travelocity is owned by Sabre Holdings
Corporation (NYSE:TSG), a world leader in travel commerce. About
Sabre Holdings Sabre Holdings connects people with the world's
greatest travel possibilities by retailing travel products and
providing distribution and technology solutions for the travel
industry. Sabre Holdings supports travellers, travel agents,
corporations, government agencies and travel suppliers through its
companies: Travelocity, Sabre Travel Network and Sabre Airline
Solutions. Headquartered in Southlake, Texas, the company has
approximately 9,000 employees in 45 countries. Full year 2004
revenues totaled $2.1 billion. Sabre Holdings, an S&P 500
company, is traded on the New York Stock Exchange under the symbol
TSG. More information is available at
http://www.sabre-holdings.com.
Stars (NASDAQ:TSG)
Historical Stock Chart
From Jul 2024 to Aug 2024
Stars (NASDAQ:TSG)
Historical Stock Chart
From Aug 2023 to Aug 2024