Corporate travel agencies pressured from online competition

02/9/2004 | USA Today

New competition from the Internet's Big Three travel agencies -- Expedia, Orbitz and Travelocity -- is forcing smaller, traditional business travel agencies to lower fees and go the extra mile to lure corporate clients. The Internet agencies had about $19 billion of the estimated $81 billion in corporate bookings last year, but their take is expected to double by 2006.

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