Travelocity.com is a high flyer in the world of online travel services. Catering to both leisure and business travelers, its Travelocity.com website offers vacation packages and deals from most of the world's airlines, hotels, and car rental companies. The site has versions in about a dozen languages and handles corporate travel accounts. Travelocity.com also serves customers in Europe through lastminute.com and in the Asia/Pacific region via Zuji. Owned by travel reservation system supplier Sabre Holdings, Travelocity.com was formed in 1999 by merging Sabre's Travelocity segment with Preview Travel. Travelocity added Top Secret Hotels shopping and booking to the mobile application in 2011.
In 2010 the company sold its Travelocity on Location business to Entertainment Benefits Group (EBG). The sale came as Travelocity.com had been looking beyond US shores for growth, led in recent years by its lastminute.com and Zuji units. Travelocity on Location sold tickets to Las Vegas tours, shows, and other attractions through about 30 box offices and kiosks in the city, as well as an e-commerce site. Despite its web presence, Travelocity on Location represented Travelocity.com's venture into offline sales. Its brick-and-mortar network was rebranded under EBG's Tickets & Tours banner and its website rebranded under the ShowTickets.com name. EBG, in turn, agreed to supply Travelocity.com with admissions to Las Vegas-area activities.
Mergers & Acquisitions
Strengthening its presence south of the Himalayas, Travelocity.com in 2009 acquired Travelguru, a leading online hotel reservation site in India, and expanded its capabilities to also include airfare booking. The company operates Travelguru separately from its Travelocity India website. – less