Shares of online travel companies fell Wednesday after privately held Travelocity followed rivals Priceline.com Inc. and Expedia Inc. in eliminating booking fees for domestic and international flights.
Last week, Expedia Inc. announced a deal that cancels booking fees on flights through May 31. The company was following in the footsteps of Priceline, which has gained market share since removing its air booking fees nearly two years ago.
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