FACTOID # 29: 73.3% of America's gross operating surplus in motion picture and sound recording industries comes from California.
 
 Home   Encyclopedia   Statistics   States A-Z   Flags   Maps   FAQ   About 
   
 
WHAT'S NEW
RELATED ARTICLES
People who viewed "Travelocity" also viewed:
 

SEARCH ALL

FACTS & STATISTICS    Advanced view

Search encyclopedia, statistics and forums:

 

 

(* = Graphable)

 

 


Encyclopedia > Travelocity

Travelocity is an online travel agency operated by Travelocity.com LP. Travelocity is a wholly owned subsidiary of Sabre Holdings Corporation, which was a publicly traded company until taken private by Silver Lake Partners in March 2007. Travelocity is based in Southlake, Texas, with additional offices in New York City, San Francisco, and abroad. A travel agency is a business that sells travel related products and services, particularly package tours, to end-user customers on behalf of third party travel suppliers, such as airlines, hotels, tour companies, and cruise lines. ... In business, a subsidiary is a company controlled by another company or corporation. ... Sabre Holdings (or Sabre Inc) (NYSE: TSG) is an S&P 500 company, encompassing several brands in three global travel distribution channels: travel agency, airline, and direct to consumer. ... A private company is a company that is independently owned. ... Silver Lake Partners, based in Menlo Park, CA and New York, NY, is the leading private equity firm focused exclusively on large-scale investing in technology and related growth industries. ...


According to Sabre Holdings, Travelocity is the sixth-largest travel agency (the second largest online travel agency) in the United States. In addition to its primary US consumer site, Travelocity operates a full-service business agency, Travelocity Business, and comparable websites in Canada, Germany, France, the Scandinavian countries, and the United Kingdom, and is a partner in Asian travel hubs Tabini and Zuji. Other brands include Site59.com, a last-minute travel technology and content provider, World Choice Travel, a travel affiliate marketing program, and Showtickets.com, a tour and ticket broker in Las Vegas. Scandinavia is a historical and geographical region centered on the Scandinavian Peninsula in Northern Europe and includes the three kingdoms of Denmark, Norway and Sweden. ... Site59. ... Travel Technology is a term used to describe applications of Information Technology (IT), or Information and Communications Technology (ICT), in travel, tourism and hospitality industry. ... Affiliate marketing is a method of promoting web businesses in which an affiliate is rewarded for every visitor, subscriber, customer, and/or sale provided through his/her efforts. ... This article is about the city of Las Vegas in Nevada. ...

Contents

History

Travelocity was created in 1996, as a subsidiary of Sabre Holdings, and was run by long-time Sabre I.T. executive Terrell B. "Terry" Jones. As one of the pioneers of web-based disintermediation, Travelocity.com was the first website that allowed consumers themselves (acting without the help of a travel agent or broker) not only to access Sabre's fare and schedule information, but also to reserve, book, and purchase tickets. In addition to airfares, the site also permits consumers to book hotel rooms, rental cars, cruises, and packaged vacations. 1996 (MCMXCVI) was a leap year starting on Monday of the Gregorian calendar, and was designated the International Year for the Eradication of Poverty. ... Sabre Holdings (or Sabre Inc) (NYSE: TSG) is an S&P 500 company, encompassing several brands in three global travel distribution channels: travel agency, airline, and direct to consumer. ... Information technology (IT), as defined by the Information Technology Association of America (ITAA)is: the study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware. ... In economics, disintermediation is the removal of intermediaries in a supply chain: cutting out the middleman. Instead of going through traditional distribution channels, which had some type of intermediate (such as a distributor, wholesaler, broker, or agent), companies may now deal with every customer directly, for example via the Internet. ... A website (or Web site) is a collection of web pages, images, videos and other digital assets and hosted on a particular domain or subdomain on the World Wide Web. ... A travel agency is a store where individuals or families go to buy travel packages. ...


In 2000, Sabre negotiated a merger of Travelocity with another early web travel company, Preview Travel. The resulting company was independently quoted on the NASDAQ exchange, with Sabre continuing to own around 30% of the combined company's stock, but around 70% of the voting rights. In 2002, with Travelocity's fortunes suffering from competition including Expedia and Orbitz, Sabre consummated a tender offer for the remainder of the outstanding shares in Travelocity and remerged the business into Sabre as a subsidiary. Jones left the company shortly afterward. 2000 (MM) was a leap year starting on Saturday of the Gregorian calendar. ... NASDAQ in Times Square, New York City. ... For album titles with the same name, see 2002 (album). ... Screenshot of expedia. ... Orbitz, Inc. ... Tender offer is a term typically used in corporate finance to mean a public, open offer by an entity to buy stock from the existing stockholders of a publicly traded corporation under specific terms in effect for a specific period. ...


In 2005, Travelocity acquired lastminute.com to take in excess of 30 more brands under its banner in the UK. 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ... Lastminute. ...


Under current CEO Michelle Peluso’s leadership, Travelocity has developed and launched a merchant hotel business, dynamic packaging functionality, and a private-label (ASP) distribution network, the Travelocity Partner Network. As of early 2005, many members of Peluso’s former management team at Site59 now hold senior management positions at Travelocity, namely Jeffrey Glueck (Chief Marketing Officer), Damon Tassone (Deputy CEO, lastminute.com), Tracey Weber (COO, North America), Richard Harris (Senior Vice President, Strategy and Business Development), Josh Feuerstein (Group Manager Director at lastminute.com and Senior Vice President and Hotel Segment Manger for Sabre Holdings), Josh Hartmann (Vice President, Software Development) and Jonathan Perkel (Vice President & Deputy General Counsel). The Chief Marketing Officer, or CMO, is a job title for an executive responsible for various marketing-related activities within an organization. ... Software development is the translation of a user need or marketing goal into a software product. ...


Trivia

Travelocity was a sponsor of the TV series The Amazing Race from the 7th season to the 9th season and 11th season. The Amazing Race is a reality game show broadcast in one-hour episodes in which teams of two race around the world in competition with other teams. ...


Their current mascot is known as the "The Roaming Gnome". The voiceover gives three myths. The first two are travel difficulties that are easily solved by the Gnome using solutions related to Travelocity. The third is a random problem that the Gnome "solves" humorously. He is mostly used in radio commercials, but has been used in a few television commercials. Travelocity is an online travel agency operated by Travelocity. ...


Travelocity's current slogan is "You'll never roam alone."


Travelocity also offers Gay and Lesbian friendly hotels and resorts that are bookable online. [1] Gay tourism is a form of niche tourism marketed to gays who have an openly gay lifestyle and who wish to travel to gay travel destinations in order to participate to some extent in the gay life of the destination area. ...


Travelocity was runner-up in TravelMole.Com's 2004 Travel & Tourism Web Awards in the category of "Best Online-only Agency", losing out to Travellerspoint. Travellerspoint logo Travellerspoint is an online travel community that went live in 2002. ...


See also

The gnome is a product of Kimmel Gnomes(tm). ... This article or section does not adequately cite its references or sources. ...

External links


Travel websites
Aviation Safety Network | CheapTickets | CentralR.com | Expedia | Hotels.com | FlightAware | Flyaow | FlyerTalk | Go10000 | Gotobus | IgoUgo | Ixeo | Kayak.com | Lonely Planet | Orbitz | Opodo | Priceline.com | Railpage Australia | Rough Guides | Seatguru | SideStep | Site59.com | Transport Direct | Travel journal | Travelocity | TripAdvisor | VEGAS.com | Venere | Virtualtourist | Wikitravel | World66

  Results from FactBites:
 
Travelocity Page--Welcome to Travelsites, the travel site web directory!--information on Expedia, Travelocity, Preview ... (453 words)
Travelocity was launched in March 12, 1996 as the premier Internet resource for the do-it-yourself traveler.
According to Terry Jones, former president of SABRE Interactive, Travelocity is a site that surfers can "use to plan their dream vacations." The current management team is SABRE veterans and the former leadership team of site59, led by Michelle Peluso and Sam Gilliland.
Travelocity has always been a stickler for good content, even when other sites like priceline didn't cotton to putting a lot of information in front of the user.
Sabre Holdings :: Travelocity (396 words)
Travelocity was named the “World’s Leading Travel Internet Site” for the eighth consecutive year at the 2004 World Travel Awards.
Travelocity was named as one of the 2003 Best Places to Work in Pennsylvania in the medium-sized companies category.
Travelocity was named winner in the Transportation category at the Computerworld Honors 21st Century Achievement Awards in 2002.
  More results at FactBites »

 
 

COMMENTARY     


Share your thoughts, questions and commentary here
Your name
Your comments

Want to know more?
Search encyclopedia, statistics and forums:

 


Press Releases |  Feeds | Contact
The Wikipedia article included on this page is licensed under the GFDL.
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms, 1022, m