Travelocity Renews Preferred Agreements with LaQuinta and LXR, Signs New Deal with Extended Stay

Business Wire, Oct 23, 2006

SOUTHLAKE, Texas -- Travelocity has signed deals with three hotel brands owned by affiliates of Blackstone Real Estate partners, making Travelocity a preferred online distribution partner. LaQuinta and LXR Luxury Resorts renewed participation and Extended Stay Hotels became the newest member of Travelocity's net rate hotel program. The hotel companies also have plans to expand their relationship into Travelocity's vacation packaging engine in key markets.

"We are excited to have Travelocity as a distribution channel for our wide array of hotels," said Joe Berger, Co-President, of LXR Luxury Resorts. "Travelocity is a leader in online distribution, delivering on the needs of suppliers such as two-way seamless connectivity and, at the same time, giving customers a wide choice of products."

"These agreements with LaQuinta, LXR Luxury Resorts and Extended Stay Hotels means that their content will appear on Travelocity, lastminute.com and ZUJI.com as well as affiliate sites," said Ross Mantione, vice president of partner marketing for Travelocity. "Together, we will provide our mutual customers with richer content, wider availability, and more options."

Through this relationship, these Blackstone hotel companies will be able to take advantage of Travelocity's fully-automated, two-way Central Reservations System connectivity. This also allows consumers booking these properties on Travelocity to view current rates and availability and for those properties to receive immediate delivery of reservations directly into their property management system.

About Travelocity

Travelocity[R] is committed to being the traveler's champion - before, during and after the trip - and guarantees everything about a customer's booking will be right. If it's not, Travelocity 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 $7.4 billion in travel worldwide in 2005. Based in Southlake, Texas, Travelocity also owns and operates Travelocity Business(SM) and GetThere[R] for corporate travelers, lastminute.com, a leader in European online travel and ZUJI, a leader in Asia-Pacific online travel. Travelocity is owned by Sabre Holdings Corporation (NYSE: TSG), a world leader in travel commerce.