Changes

==History==

==History==

On May 5, 2005, ICANN signed a contract with Tralliance to operate .travel. The operating procedures and policies for .travel are different from those of all other current TLDs.<ref>[http://www.travel.travel/index.php/about-travel/ About .travel]</ref>

On May 5, 2005, [[ICANN]] signed a contract with Tralliance to operate .travel. The operating procedures and policies for .travel are different from those of all other current TLDs.<ref>[http://www.travel.travel/index.php/about-travel/ About .travel]</ref>

Until February 2008, Tralliance was a publicly traded subsidiary of [[TheGlobe.com]]. On Feb. 1, TheGlobe announced that it had sold Tralliance to the privately-held Tralliance Registry Management Company (TRMC),<ref>[http://www.travelweekly.com/Travel-News/Online-Travel/Tralliance-is-sold;-dot-travel-domain-now-privately-held/ Travel Weekly - Tralliance is sold; dot-travel domain now privately held]</ref> in order to keep the TLD  from bankruptcy.<ref>[http://www.internetnews.me/2007/05/20/tralliance-in-trouble-travel-could-die/ Tralliance in Trouble]</ref> Despite the sale, ultimate ownership of the TLD did not change, as [[Michael Egan]], owner and chairman of TheGlobe.com, and [[Edward Cespedes]], president of [[Tralliance]], together own TRMC.<ref>[http://www.travelweekly.com/Travel-News/Online-Travel/Tralliance-is-sold;-dot-travel-domain-now-privately-held/ Travel Weekly - Tralliance is sold; dot-travel domain now privately held]</ref> TheGlobe.com is to receive an earn-out equal to 10% of TRMC's net revenue derived from .travel names registered through May 5, 2015.<ref>[http://www.theglobe.com/ TheGlobe.com]</ref>

Until February 2008, Tralliance was a publicly traded subsidiary of [[TheGlobe.com]]. On Feb. 1, TheGlobe announced that it had sold Tralliance to the privately-held Tralliance Registry Management Company (TRMC),<ref>[http://www.travelweekly.com/Travel-News/Online-Travel/Tralliance-is-sold;-dot-travel-domain-now-privately-held/ Travel Weekly - Tralliance is sold; dot-travel domain now privately held]</ref> in order to keep the TLD  from bankruptcy.<ref>[http://www.internetnews.me/2007/05/20/tralliance-in-trouble-travel-could-die/ Tralliance in Trouble]</ref> Despite the sale, ultimate ownership of the TLD did not change, as [[Michael Egan]], owner and chairman of TheGlobe.com, and [[Edward Cespedes]], president of [[Tralliance]], together own TRMC.<ref>[http://www.travelweekly.com/Travel-News/Online-Travel/Tralliance-is-sold;-dot-travel-domain-now-privately-held/ Travel Weekly - Tralliance is sold; dot-travel domain now privately held]</ref> TheGlobe.com is to receive an earn-out equal to 10% of TRMC's net revenue derived from .travel names registered through May 5, 2015.<ref>[http://www.theglobe.com/ TheGlobe.com]</ref>