Latest Articles
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The New Group That Is Currently Dominating Business Travel And Its Implications
A new report called the Portrait of Business Travelers published by MMGY Global indicates that the millennials are the group predominating the set of business travelers currently. Their patterns of buying also varies distinctly from those of the...
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Priceline’s Q3 2016 Earnings Preview
Priceline’s Q3 2016 earnings results are expected to be released on November 7th . For the first half of 2016, Priceline seemed to grow steadily despite macroeconomic setbacks. Its booking.com is the global accommodation leader and the plat...
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Priceline Vs Expedia: Who Is Growing Faster?
Priceline and Expedia are currently the world’s largest OTAs in terms of geographical spread and revenues. Though Ctrip’s market capitalization ($21 billion) recently surpassed that of Expedia’s ($17 billion) post its stake in Q...
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Would The Rise Of Direct Bookings Through Hotels Adversely Impact The Biggest OTAs?
There has been a rising trend among hotels to encourage direct bookings through their own websites. The biggest incentive for the same is that then these hotel owners can forego the commission they need to pay to the online travel agents, in case...
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Facebook’s New Travel Product Might Help OTAs With More Exposure
Now online travel agencies can push their products further to their potential clientele with the help of Facebook’s new Dynamic Ads for Travel . This feature has been launched in June on both Facebook and Instagram to help travel companies influ...
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Why Did Priceline Sell Off Its Stake In Brazil Based Hotel Urbano?
Priceline recently sold off its minority stake in Brazil-based OTA, Hotel Urbano. Brazil’s economic downturn coupled with the OTA’s poor performance were the reasons for this decision. In mid 2015, Priceline invested $60 million to o...
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This New App By Standard International Group Shows The Increasing Trend Within Hotels To Bypass OTAs
Independent hotels and hotel chains are increasingly trying to gain direct bookings through their websites instead of users booking through the OTAs. In a move to attract more users, The Standard International Group along with a few select hotels...
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Does Google Trips Pose A Serious Challenge To Priceline Or Expedia?
Though Google’s entry into tourism bookings might indicate a future expansion into online travel booking, given their current positions in the travel industry, the two OTA giants do not have too much to fear as of now. Recently, Google int...
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How Might Booking.com Further Help In Priceline’s Growth In The Vacation Rental Segment?
According to Priceline Group’s interim CEO, Jeffery Boyd, Booking.com might be a more preferable choice for users for alternative accommodation bookings (such as vacation rentals) than Expedia’s HomeAway because of the latter’s ...
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How Is The U.S. Travel Industry Faring Currently?
According to the U.S. Travel Association’s Travel Trends Index report, domestic leisure travel in the U.S. is at its lowest growth level since December 2012. This might imply lower domestic travel spending as is evident by the year-on-year decl...
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Why Did Priceline Discontinue Its ‘Name Your Own Price’ Option For Flight Bookings?
On September 1st, Priceline.com discontinued its Name Your Own Price model for flight bookings. Under the aforementioned model, travelers could submit their desired price for a flight and only after a carrier accepted the bid, would the traveler ...
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How Is Priceline’s Revenue Growth Trending?
Priceline’s growth story seems to continue despite macroeconomic problems. All of its divisions seem to be soaring forward and its main growth driver, booking.com, is still ruling the accommodation booking space. In Q2 2016, Priceline’...
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How Is Priceline’s Hotels Division Expected To Trend?
Priceline’s hotels division contributes around 90% of its revenues and around 85% of our stock price valuation for the company. Priceline’s booking.com is the current leader globally in online accommodation booking. In line with previ...
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Priceline’s Robust Q2 2016 Suggests That The Company’s Growth Story Is Expected To Continue
Priceline continued with its solid growth trend in the Q2 2016, despite having a significant exposure to Europe . While the company witnessed reduced demands in regions like France, Belgium, and Turkey, however, there wasn’t a sharp decline...
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Priceline’s Q2 2016 Earnings Preview
Company’s Guidance for Q2 2016 Room night bookings Y-o-Y growth: 15% to 22%. Gross travel bookings Y-o-Y growth: 11% to 18% (on a constant currency basis). Revenue Y-o-Y Growth: 7% to 14%. Non-GAAP net income per diluted share: $11...
