Travelocity, Walt Disney sign deal

FORT WORTH, TEXAS - Travelocity.com and Walt Disney Parks and Resorts have signed a distribution agreement in which the travel site will have direct access to theme park tickets and onsite hotel room inventory, officials announced Monday. <br> <br> Under the deal, Travelocity.com will offer land-only and air-inclusive vacation packages for all onsite Walt Disney World Resort hotels and will include admission to Disney&#39;s theme parks in Orlando. Financial terms were not disclosed. <br> <br> Travelocity Vacations will launch its Walt Disney World Resort product during the first quarter of 2002. <br> <br> Disneyland Resort vacation packages will be added to Travelocity Vacations&#39; California product line during the year. <br> <br> ``Having the opportunity to dynamically package Disney vacations is a monumental achievement. We have tremendous customer demand for Disney&#39;s products, and are delighted to offer theme park tickets and packages for all onsite hotels at the Walt Disney World Resort,&#39;&#39; said Terrell B. Jones, president and chief executive officer of Travelocity.com. <br> <br> Randy A. Garfield, CTC, executive vice president of sales and travel operations for Walt Disney Parks and Resorts, said, ``This new relationship will enable us to extend the distribution of our product by offering Disney vacations to the millions of loyal Travelocity members.&#39;&#39; <br> <br> Shares of Disney rose 53 cents to close at $23.95 in trading Monday on the New York Stock Exchange. Travelocity shares fell $1.07, or 5.4 percent, to close at $18.88 on the Nasdaq Stock Market.

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