Travelocity

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Travelocity is an online travel agency owned by the American travel group Expedia Group. One of the pioneers of web-based disintermediation, Travelocity was the first website that allowed consumers the ability to purchase travel tickets without the help of a person. In addition to airfares, the site also permits consumers to book hotel rooms, rental cars, cruises and packaged vacations. Travelocity has origins to 1978 when American Airlines began offering travel agencies access to its electronic reservation system known as Sabre. In the mid-1980s, began offering it to consumers under the eAAsySabre brand name on both CompuServe and GEnie. The CEO of eAAsySabre was Kathy Misunas. Under the "Saabre" brand, it was a popular feature of online services such as Prodigy and America Online in the early 1990s. Travelocity was officially created in 1995 as a joint venture between Worldview Systems Corporation and Sabre Corporation. The founding team at Worldview conceived of the idea in 1994 as an extension to their online travel database offering which had been distributed through Sabre, Bloomberg, AOL and many others. The founding team at Worldview joined with distribution partner Sabre in a 50-50 JV that resulted in the development and launch of Travelocity in 1995-1996.