priceline.com (PCLN) Announces Three New Fee Cuts

July 1, 2008 9:26 AM EDT

priceline.com (Nasdaq: PCLN) today announced that it has decided to implement three new fee chops on its published-price hotel reservation service:

  • Priceline has permanently lowered its booking fees for all published-price hotel reservations.
  • Priceline will no longer charge a fee to cancel a published-price hotel reservation.
  • Priceline will no longer charge a fee to change a published-price hotel reservation.
The moves, which will lower bottom-line prices for hotel rooms reserved through priceline.com, take effect immediately.

priceline.com Incorporated operates as an online travel company in the United States and Europe.


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