The Venetian Resort Selects Travelocity as One of Its Premier Online Distribution Partners; Agreement with Renowned Las Vegas Re
June 27 2005 - 6:00AM
Business Wire
The Venetian Resort in Las Vegas has selected Travelocity as one of
its premier online distribution channels. Travelocity(R) is the
largest online travel agency to be certified by The Venetian to
comply with The Venetian's standards for selling its inventory
online. Both parties believe that these online standards will
continue to contribute to The Venetian's recent success. In the
first quarter of 2005, The Venetian's average daily rate was $243
at an occupancy of 97.8 percent. The enhanced agreement also
designates Travelocity as the largest online travel service to
offer The Venetian's net rate hotel content, providing access to
great suite rates, TotalTrip(SM) flight + hotel vacation packages
and special promotions for Travelocity customers no longer
available through other major online providers. The new agreement,
which gives The Venetian access to Travelocity's enhanced seamless
connectivity, also includes Sabre Holdings-owned SynXis, an
advanced distribution and reservation management system and
ShowTickets.com, a Travelocity division that provides on-property
concierge services. "We are proud to drive more consumers to The
Venetian Resort through enhanced booking capabilities and
outstanding entertainment services across our wide ranging
portfolio of companies," said Ross Mantione, vice president of
partner marketing for Travelocity. "This translates into more
choices, more flexibility, and cost savings for customers. We look
forward to a long, mutually beneficial relationship with The
Venetian." The Venetian will take advantage of Travelocity's
fully-automated, two-way CRS connectivity. This allows consumers
booking a suite on Travelocity to view current suite rates and
suite availability and for The Venetian to receive immediate
delivery of reservations directly into their property management
system. The deal also includes marketing and advertising for The
Venetian on Travelocity's site. "Travelocity provides the perfect
strategic fit for The Venetian Resort," said Rom Hendler, vice
president of strategic marketing for The Venetian. "Their team and
companies provide the total package - industry expertise, leading
technology, a supplier-friendly approach and quality customer
service. We are excited about all of the new possibilities this new
agreement will bring. Having Travelocity's strategy mirror The
Venetian's standards for selling suite inventory online will
contribute to the continued success of maximizing ADR and hotel
occupancy while decreasing the cost of distribution." Now through
August 31, 2005, Travelocity is offering special promotional offers
to The Venetian through TotalTrip flight + hotel vacation packages
with suite rates starting from $169 per night. For more
information, see www.travelocity.com/venetian. About Travelocity
Travelocity's industry-leading technology and straight-talking,
honest information help travelers take more rewarding and
affordable trips. With millions of registered users and booking
$4.9 billion of travel in 2004, Travelocity(R) negotiates thousands
of low-priced deals with the world's most reputable travel
providers - top airlines, hotels, car rental companies, cruise
lines, and other destination attractions and services.
Additionally, Travelocity offers deeply-discounted rates for
weekend getaways and dynamic packages through its Last Minute Deals
and TotalTrip(SM) shopping engines, and provides customer service
support over the phone 24 hours a day. Based in Southlake, Texas,
Travelocity also operates Travelocity Business(SM) for corporate
customers, powers international travel Web sites in eight
languages, and has been recognized for its consumer advocacy and
global leadership in online travel. More information about
Travelocity is available at www.travelocity.com. Travelocity is
owned by Sabre Holdings Corporation (NYSE:TSG), a world leader in
travel commerce. More information about Sabre Holdings is available
at www.sabre-holdings.com. About The Venetian Resort-Hotel-Casino
The Venetian Resort-Hotel-Casino, a recipient of AAA's Four Diamond
Award, is one of the world's most luxurious resort and convention
destinations. Re-creating Venice's legendary landmarks, the resort
offers unmatched service and quality for leisure and corporate
guests. Located in the heart of the Las Vegas Strip, The Venetian
features The Grand Canal Shoppes, an indoor streetscape complete
with gondolas and singing gondoliers, the Canyon Ranch SpaClub,
world-class gaming, exquisite restaurants, the Guggenheim-Hermitage
Museum, as well as extensive convention and corporate services.
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