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Travelocity Now Offering Hotel Guests a Price Guarantee

The economy may not be feeling back to its old self, but there is more good news for hotel guests looking to get a better deal.
Travelocity announced today that it would not only eliminate change and cancel fees for hotels and vacation packages and offer guests a special $50 discount for travel but that it would also offer a price guarantee, something that other online travel booking sites have yet to do.
A price guarantee is a common feature found on hotel's websites which allow guests who find a lower room rate elsewhere to receive that lower rate instead of whatever the hotel is offering. It's a nifty little way for guests to sort of negotiate with hotels to get a better rate. For hotels, it keeps guests booking directly through their site, rather than with a third-party booking site, with whom they usually have to split a sort of commission.
