Tavelocity´s Bookings Lifted by Good First-Quarter Performance

Travelocity, the online travel company, reported $2.5 billion worth of gains in shared global gross travel bookings in the first quarter of 2005, up a staggering 59 percent from 2005. The total global revenue for the quarter was $234 million, year over year growth of 59 percent.

Other Travelocity global metrics for the first quarter were a 24 percent increase in air transaction revenue, a whopping 90 percent spike in non-air transaction revenue, and a 38 percent hike in total packaging revenues.

Hotel room nights sold across the Travelocity network were 3.2 million, a 54 percent increment from the first three months of 2005.