Latest Articles
-
Priceline Beats Expectations In Yet Another Quarter As Domestic Business Adds Further Strength
Priceline (NASDAQ:PCLN) announced its third-quarter results on Thursday, November 7. Helped by increasing strength in both domestic and international markets, total gross bookings grew 38% year over year to $10.8 billion. Total revenue for the qu...
-
Aggressive Geographic Expansion Initiatives Will Boost Priceline’s Results
Priceline (NASDAQ:PCLN) is set to announce its Q3 2013 earnings Thursday, November 7. Despite the large size of its business, the leading Online Travel Agency (OTA) managed to continue growing robustly in the second quarter of 2013. It delivered ...
-
Weekly Online Travel Notes: Expedia and Priceline
Two major events occurred last week that hold relevance for Online Travel Agencies (OTAs). The trade association for the world’s airlines, IATA, revised its 2013 outlook for the airline industry. The association lowered its forecast for industry ...
-
Priceline Partners With NYC Tourism Website In U.S. Push
Through the acquisition of booking.com in 2005, Priceline (NASDAQ:PCLN) gained access to 18,000 properties in Europe. Since then booking.com has been aggressively expanding in the region as well as internationally. The travel booking site now cov...
-
Priceline Launches New Ad Campaign Down Under For Booking.com
Last Monday Priceline (NASDAQ:PCLN) launched a major branding campaign on multiple platforms, including online, TV networks and cinemas for its Booking.com website in Australia. The campaign, which is called Booking.yeah, was first launched in t...
-
Sponsored Listings Will Boost Priceline’s Ad Revenue
Leading online travel agency (OTA) Priceline (NASDAQ:PCLN) announced the launch of a new sponsored listing service last week. The listing service will allow hoteliers to earn top spots in users’ search results by participating in real-time ...
-
Friday Charts: Ballmer’s Biggest Blunders and the Next $1,000 Stock
Submitted by Wall St. Daily as part of our contributors program Often imitated, but never duplicated, we’re serving up another round of our weekly charts. Remember, the concept couldn’t be any more straightforward. Since a picture can be wort...
-
Kayak Dumps TripAdvisor, Launches Own Hotel Review Feature
Kayak (NASDAQ:KYAK), the leading U.S. meta-search engine now acquired by Priceline (NASDAQ:PCLN), got more than just a simple makeover this week. In addition to updating its homepage design with enhanced search that uses fewer parameters, the si...
-
Priceline Is Pulling Out All The Stops To Fuel Its Rapid Growth
Priceline (NASDAQ:PCLN), the world’s largest online travel agency by sales, continued to deliver better than its quarterly guidance with 27% y-o-y increase in revenues ($1.68 billion) in Q2 2013. The company had earlier forecasted revenue growth...
-
Priceline’s Vast International Reach Will Fuel Hotel Reservations Growth
Leading online travel agency, Priceline (NASDAQ:PCLN), is set to announce its Q2 2013 earnings on August 8. Despite uncertain global economic conditions, Priceline reported strong results in Q1 2013 with 26% y-o-y increase in revenues ($1.3 billi...
-
An Overview Of Priceline’s Key Businesses
Priceline (NASDAQ:PCLN) is a leading online travel agency (OTA) that primarily offers hotel and accommodation reservations, as well as other travel services such as car rentals, airline tickets, vacation packages, destination services, cruises a...
-
Priceline’s Growing Dependence On Europe Is Hurting Margins
Priceline (NASDAQ:PCLN) is one of the leading Online Travel Agencies (OTA) in the world. Over the years it has seen a steady decline in its hotel revenue margins, which is the revenue earned by Priceline as a percentage of hotel gross bookings. ...
-
What Factors Can Limit Priceline’s Growth?
Despite macro headwinds and unfavorable exchange rates, leading online travel agency (OTA) Priceline (NASDAQ:PCLN) marked a 21% and 34% increase in its 2012 revenues ($5.3 billion) and net income ($1.4 billion), respectively. Robust growth in ho...
-
Priceline’s Kayak Acquisition Will Strengthen Its U.S. Business
More than six months after announcing the deal, the leading largest Online Travel Agency (OTA) Priceline (NASDAQ:PCLN) finally completed its acquisition of travel search company Kayak last week. Priceline paid $522.4 million in cash and issued a...
-
Priceline’s Pulsing Growth Will Inevitably Slow
Despite uncertain global economic conditions, Priceline (NASDAQ:PCLN) reported another strong quarter with a 26% y-o-y increase in revenues ($1.3 billion). The robust growth in its international business contributed to a 36% y-o-y increase in to...
