Articles tagged “priceline”

Why Online Travel Agencies Will Line Up Against Blockchain Adoption

Why Online Travel Agencies Will Line Up Against Blockchain Adoption

Mohammad Gaber, Skift

The online travel agencies — as the Apex Predators and beneficiaries at the top of the current distribution scheme — aren't likely to rush in to invest in a technology that democratizes access to travel content.

1 week ago

Priceline Group CEO Sees No Big Investments in Blockchain for Now

Priceline Group CEO Sees No Big Investments in Blockchain for Now

Daniel Peltier, Skift

A CEO such as the Priceline Group's Fogel has to pick which new technology to panic about next. He's keeping tabs on blockchain, but it's not on his investment to-do list yet.

3 weeks ago

Booking.com Could Narrow the Gap In Vacation Rentals

Booking.com Could Narrow the Gap In Vacation Rentals

Dave Montali, Skift

Booking.com has long experimented with vacation rental inventory. Its inventory has been growing rapidly, but vacation rentals still remain a small part of Booking.com's business.

1 month ago

Google Travel Is Worth $100 Billion — Even More Than Priceline

Google Travel Is Worth $100 Billion — Even More Than Priceline

Jared Wein, Skift

While some may disagree, we believe that Google is not becoming an online travel agency. It certainly could do so, but its travel business is already massive and highly profitable. We estimate it will generate around $14 billion in revenue in 2017, and will grow at over 20 percent per year for the foreseeable future.

1 month ago

Priceline Bought Momondo and That Was Far Different From Ctrip’s Skyscanner Acquisition

Priceline Bought Momondo and That Was Far Different From Ctrip’s Skyscanner Acquisition

Jared Wein, Skift

Priceline's acquisition of Momondo strengthens Kayak in regions where it had less market share, including the UK, Nordics, and Russia. Keeping Momondo out of the hands of a rival, or a potential one, also protects the Kayak brand and Priceline as a whole.

1 month ago

New Skift Research Report: A Deep Dive Into Priceline’s Competitive Position in Travel 2017

New Skift Research Report: A Deep Dive Into Priceline’s Competitive Position in Travel 2017

Jared Wein, Skift

Priceline’s growth over the past decade is nothing short of remarkable. In this report, we answer, a simple, but important question — Where do we go from here?

1 month ago

Skift Call: Expedia Under New Leadership

Skift Call: Expedia Under New Leadership

Skift

Expedia Inc. moved quickly to name a successor to departed CEO Dara Khosrowshahi, but the group of brands including Hotels.com, Travelocity, Orbitz, Hotwire, HomeAway, and more will have challenges ahead. Understand them better by listening to our experts.

2 months ago

TripAdvisor May Have Signaled Merger Readiness With Severance Package Changes

TripAdvisor May Have Signaled Merger Readiness With Severance Package Changes

Gillian Tan, Bloomberg

The changes to golden parachute packages for TripAdvisor executives don't mean that some company is ready to swoop in tomorrow and acquire TripAdvisor — although we are not ruling it out, either. Still, the language changes sweeten the pot for management and perhaps incentivize such an outcome, according to the story.

2 months ago

Can TripAdvisor Blame Its Hotel-Bidding Slump on Expedia or Priceline?

Can TripAdvisor Blame Its Hotel-Bidding Slump on Expedia or Priceline?

Dennis Schaal, Skift

TripAdvisor is still a must-have marketing channel for online travel agency and hotel advertisers. But if the Priceline Group and Expedia tilt their spend more toward other marketing vehicles, there aren't a lot of other players with the marketing resources they have to make TripAdvisor whole.

2 months ago

Priceline Is Making a Land Grab on Airbnb’s Turf by Adding Rental Inventory

Priceline Is Making a Land Grab on Airbnb’s Turf by Adding Rental Inventory

Sean O'Neill, Skift

The Priceline Group is the colossus of hotel bookings but it is playing catch-up when it comes to vacation rentals. Yet CEO Glenn Fogel sounds determined to hone in on Airbnb's territory.

2 months ago

Kayak Acquires Assets of Struggling Brazilian Metasearch Company Mundi

Kayak Acquires Assets of Struggling Brazilian Metasearch Company Mundi

Sean O'Neill, Skift

Skyscanner had been sniffing around Brazil's homegrown metasearch leader Mundi and checking its books. Kayak appears to have swooped in to shore up market share.

3 months ago

Priceline CEO: Hotels Secretly Love Us Despite Accusations of Monopoly

Priceline CEO: Hotels Secretly Love Us Despite Accusations of Monopoly

Sean O'Neill, Skift

Priceline CEO Glenn Fogel says he wants travelers to think of Booking.com's name first when they start thinking about reserving homes and apartments for rental. He says a marketing effort is in the works to achieve that.

3 months ago