Driven by robust growth in travel bookings within each of the travel distribution channels, as well as a return to…
Driven by robust growth in travel bookings within each of the travel distribution channels, as well as a return to positive year over year revenue growth in the outsourcing and software solutions business,
The company also said that revenues from the travel marketing and distribution group, which include Travelocity.com as well as GetThere, grew 26.2 percent over fourth quarter 1999 primarily due to strong growth in travel bookings and strength in Sabre's online travel companies. Also, revenues from the outsourcing and software solutions business increased 7.4 percent as compared to the fourth quarter of 1999 as a result of growth in the company's outsourcing business and the reservations application business.
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.