Latest Articles
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Priceline Might Reap Benefits Of Its Strategic Investments In The Fourth Qaurter, However, Weak Euro Likely To Thwart Growth
Priceline Group (NASDAQ:PCLN), the online travel giant and the owner of Booking.com, Kayak and OpenTable, is set to release its fourth quarter earnings on February 19th. Judging from what was reported thus far, Priceline experienced a healthy 201...
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Orbitz Worldwide Is Up For Sale: Who Are The Potential Buyers?
Orbitz Worldwide, the Chicago-based online travel agency (OTA) responsible for brands like Orbitz.com and Cheaptickets.com, is working alongside a financial adviser, to find a suitable buyer. The company has generated the interest of a few privat...
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Expedia And Priceline’s Mobile Application Releases And The Trends That Govern These Launches
Expedia’s Real Time Feedback and Sell Tonight: Improving Service Experiences For Both The Traveler And The Hotelier On January 13, Expedia (NASDAQ: EXPE) announced the release of two new products called Real Time Feedback and Sell Tonigh...
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Priceline: Key Strategic Moves In 2014
Priceline Group (NASDAQ:PCLN), the online travel giant and the owner of Booking.com, Kayak and OpenTable, experienced a robust 2014, to judge fom what has been reported thus far. For the first nine months of 2014, the Group reported revenue of $6...
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Competition Is Shaking Up The Online Travel Space
Current Market Size And Key Players The online travel agencies (OTAs) had gross bookings exceeding $150 billion in 2013, representing 38% of the global online market and 13% of the global travel market. The online travel sales figure is estim...
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Priceline’s OTA Dominance To Be Reinforced By An Expanded Partnership With Ctrip
Earlier this year, Priceline (NASDAQ:PCLN) strengthened its commercial partnership (initiated in 2012) with Ctrip (NASDAQ:CTRP), the biggest Chinese online travel agency (OTA), by investing $500 million in the company. The investment, made thro...
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Priceline posts strong Q3 2014, fears slowdown in Q4 due to Economic and Natural Crises
Priceline Group (NASDAQ:PCLN), the online travel giant and the owner of Booking.com, Kayak and OpenTable, posted its Q3 2014 earnings on November 4 th . The Group reported revenue of $2.8 billion, reflecting a 22% year-on-year growth. This was ai...
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Priceline Q3 Earnings Preview: Company Surging On The Back Of Acquisitions, Though Margin Performance May Slow
Priceline (NASDAQ:PCLN), the online travel giant, is set to release its third quarter earnings on November 4th. The company demonstrated steady top line and bottom line growth in the first half of 2014. It posted revenues of $3.8 billion with 26%...
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Factors Responsible For Our Revised Price Estimate For Priceline
We have upgraded our valuation for leading Online Travel Agency (OTA), Priceline (NASDAQ:PCLN) from $642 to $1150 . Our new price estimate for Priceline is now inline with the current market price. Despite the large size of its business and uncer...
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Strong Growth Abroad Lifts Priceline’s Results
Priceline (NASDAQ:PCLN) delivered solid top line and bottom line growth in Q2 2014. Revenues increased 26% year over year to $2.12 billion, helped by a 34% rise in gross bookings. The growth was broad-based with an increase of 29% in hotel room n...
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Priceline Will Register Solid Top-Line Growth This Quarter But Operating And Revenue Margins May Contract
Priceline (NASDAQ:PCLN) is set to release its results for Q2 FY2014 on Monday, August 11. Despite the large size of its business and uncertain global economic conditions, the leading Online Travel Agency (OTA) grew robustly in the first quarter, ...
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Online Travel Giants Increase Exposure To Car Rentals Market
Expedia (NASDAQ:EXPE) acquired France’s car rental company, Auto Escape, and Priceline (NASDAQ:PCLN) launched a premium car rental service named Fun Rides, last week. These developments highlight the agenda of online travel agencies (OTA) to ...
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International Sports Events In Brazil Is A Lucrative Opportunity For Online Travel Companies
Brazil’s GDP (Gross Domestic Product) growth rate declined steeply from 7.5% in 2010 to 2.7% in 2011 and 0.9% in 2012, due to a contraction in consumption and investments. Although the growth picked up in 2013 to 2.3%, it was still lower than t...
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Where Are Priceline and TripAdvisor Headed With the Restaurant Reservations Business
Lately, increased M&A activity has been observed in the online restaurant reservation space. TripAdvisor (NASDAQ:TRIP)—the world’s largest travel review company— acquired French site LaFourchette for $140 million last month. LaFourchette i...
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Savvy Acquisitions to Propel Growth in These Stocks
Submitted by Wall St. Daily as part of our contributors program Six weeks ago, I told you there was no tech bubble . Looks like I was right. There’s no bubble. And there’s no imminent downturn, either. On the contrary. Tech stocks are actual...
