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Venetian Chooses Travelocity

SOUTHLAKE, Texas -- (PRESS RELEASE) -- 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."

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