| |
Sabre owns a 70 percent stake in Travelocity.com, the industry's leading
online consumer travel Web site. In 2001, Travelocity.com's 32 million members
used the site, which generated more than $300 million in revenues. Travelocity.com
offers innovative technologies that help consumers find the best air, car,
hotel and vacation reservations and make it easy to tailor travel packages
to match their preferences. In addition, Travelocity.com generates revenues
from advertisers who use the agency's popular Web site to reach potential
customers with highly targeted marketing messages.
Note: In March 2002, Sabre began a tender offer to
purchase the remaining outstanding shares of Travelocity. |
|