Latest Articles
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This Is How Airbnb Is Gradually Becoming A Direct Competitor For The Leading OTAs
Priceline’s restaurant booking website, OpenTable, will now face a new competitor. Airbnb, in its endeavors to eventually become a full service travel-booking company, is now set to launch its own restaurant booking platform . The Airbnb we...
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While Its Growth Momentum Continues, Priceline Says Its Current Focus Is To Grow Its Alternative Accommodations Segment
In line with its steady growth momentum, Priceline delivered another robust quarter in Q2. The accommodation reservation growth for the company reached the top range of the management’s guidance with 21% y-o-y growth translating to 170 mill...
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Boosted By Its Booking.com And Other Segments, Priceline’s Growth Momentum Is Expected To Continue In Q2
After delivering a robust 2016, Priceline continued with its impressive performance in the first quarter of 2017 as well. In fact, during its Q1 earnings call, its management indicated that the company was eating into the market shares of its com...
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This New Technology Might Pose Serious Threats To The Oligopoly Created By The Bigger OTAs
OTA giants such as Priceline and Expedia are becoming more and more powerful much to the dismay of the travel related service suppliers in the market. Hotel owners claim that the OTAs charge a steep commission mainly because of the oligopoly they...
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Why Are The Regulatory Bodies Stepping Up To Curb The Growing Influence Of OTAs And What Might Be The Implications?
In a recent analysis, we showed how hotels are getting increasingly agitated with the rising commissions posed to them by online booking agencies like Priceline and Expedia. In an attempt to cut out the OTA middlemen, many large hotel chains had ...
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Priceline’s Booking.Com Joins The Bandwagon Of Becoming A One-Stop Shop For Online Travel Booking Needs
For so long, Booking.com seemed to have been focused upon providing only online accommodation booking, but not anymore. Recently, its homepage has started featuring tabs from Priceline’s other brands, such as flights from Priceline’s ...
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Can Big Hotel Chains Really Manage To Cut Out The OTA ‘Middleman’ By Offering Incentives To Direct Hotel Bookers?
The tussle between hotel owners and online travel agencies seems to be heating up. OTAs charge a substantial commission to hotel owners for hotels booked through their websites, however, given their popularity, hotel owners cannot avoid them enti...
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Priceline Seems To Be Capturing Market Share From Competitors
Priceline’s first quarter results revealed that the company is growing at a much faster pace than its closest rival, Expedia. During the earnings call, its management indicated that the company was eating into the market shares of its compe...
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Priceline Is Soaring Now, But What About The Future?
Priceline seems to be on a roll right now. Over the last year, Priceline’s stock price has grown by around 35% trading currently at above $1,800. The company ended 2016 with a 16% growth in its top line to ~$10.7 billion, while its EBITDA m...
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Priceline’s Latest Partnership With Rad Season Might Open New Avenues For The OTA To Attract More Customers
A recent partnership between Priceline and Rad Season, a website offering sports and adventure travel bookings, might open new avenues to gain customers for Priceline. Even if the leading OTA doesn’t launch its own adventure or activity boo...
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Do Hotel Chains’ Loyalty Programs Pose A Significant Threat To The OTAs?
Online travel agencies (OTAs) and hotels seem to have somewhat of a love/hate relationship. Though OTAs bring more customers to hotels because of the increased exposure that they offer, hotels need to pay a certain percentage of commissions to th...
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Key Take-Aways From Priceline’s Q4 2016 Earnings Call
Priceline released its Q4 2016 earnings on February 27th. The company ended the year on a strong note and the trend seems to be continuing in the first quarter of 2017 as well. Priceline’s Booking.com – globally, the most popular online acc...
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What To Watch For In Priceline’s Q4 2016 Earnings
Priceline is slated to release its Q4 2016 earnings on February 27th. For the first three quarters of last year, Priceline has grown steadily, overcoming macroeconomic challenges such as the weak foreign exchange rates relative to US dollars and ...
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Why Did Priceline Decide To Acquire The Momondo Group?
While its peers have been busy with acquisitions, Priceline had been quiet for a while. Recently, it broke the silence with the announcement to acquire UK and Denmark based metasearch website, Momondo Group, for a cash sum of $550 million . The M...
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How Might President Trump’s Recent Travel Ban Impact The Various Stakeholders Of The Travel Industry?
The recent travel ban put forward by the US President, Donald Trump, has brought forward some concerns by the various stakeholders of the travel industry with a few companies filing a federal lawsuit against it. The impact of the ban on the US tr...
