Travelocity Gains Altitude: "Expedia is still ahead of the pack when it comes to online travel bookings, but Travelocity is gaining ground, according to Merrill Lynch.
Merrill projects that online travel agency revenues will rise 19% in 2005, reaching $27.7 billion. Online travel sales are winning a larger share of the overall travel market, accounting for nearly 30% of the total this year, up from 25% in 2004 and 21% in 2003. "
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