Articles tagged “priceline”

Business Travel Startup Upside Raises $50 Million at $200 Million Valuation

Business Travel Startup Upside Raises $50 Million at $200 Million Valuation

Gerrit De Vynck, Bloomberg

Priceline co-founder Jay Walker is looking to reinvent how smaller companies buy corporate travel. Investors see the potential in his play to reward business travelers themselves for travel choices that save their companies money.

4 days ago

Kayak Is Shopping for a Metasearch Acquisition in Europe

Kayak Is Shopping for a Metasearch Acquisition in Europe

Dennis Schaal, Skift

It's clear there is going to be further consolidation in online travel in Europe after Ctrip swooped in and acquired Skyscanner. Momondo would be a nice addition – not a game-changer for Kayak – and a deal could happen if the number-crunchers on both sides have a meeting of the minds.

1 week ago

Priceline Group Gave $2 Million to Rentalcars.com to Launch a Taxi Service

Priceline Group Gave $2 Million to Rentalcars.com to Launch a Taxi Service

Dennis Schaal, Skift

A next step for Rideways, if it really wanted to get out front, would be to transition to an on-demand service and start recruiting drivers, but being part of a public company, the Priceline Group, Rideways has to be very cautious about regulatory issues. That's sort of like trying to be a disruptor -- or a hedge against disruption -- with one hand tied behind your back.

4 weeks ago

Expedia Finally Joins TripAdvisor Instant Booking

Expedia Finally Joins TripAdvisor Instant Booking

Dennis Schaal, Skift

TripAdvisor has been struggling but it is a testament to its continued power as a marketing vehicle that Expedia Inc. felt compelled to participate in TripAdvisor Instant Booking even though Expedia controls its own TripAdvisor wannabe. It's called Trivago. A newly anointed public company, Trivago's growth could one day be an Expedia hedge against TripAdvisor's clout, although Trivago isn't there yet.

1 month ago

Priceline Group’s New CEO Is Veteran Merger Guru Glenn Fogel

Priceline Group’s New CEO Is Veteran Merger Guru Glenn Fogel

Dennis Schaal, Skift

The selection of Glenn Fogel as CEO is likely one that will please Wall Street as he represents stability and is highly regarded inside the travel industry and beyond it. Is it purely coincidence that the Group announces its CEO pick after eight months of looking, hours before Expedia's Trivago is slated to price its IPO? Probably not.

1 month ago

The Pitfalls and Perils of Online Travel Acquisitions

The Pitfalls and Perils of Online Travel Acquisitions

Dennis Schaal, Skift

Ctrip, when acquiring Skyscanner, should call up, or at least compare notes with, companies as varied as Sabre, Travelocity, the Priceline Group, and Expedia when mulling the challenges in integrating a new prized possession. These new playthings can in rare cases turn into the success of a Booking.com, but on the other hand they have the potential to wreak havoc.

2 months ago

Exclusive: Ctrip CEO on Global Ambitions, Skyscanner Buy and the Priceline Relationship

Exclusive: Ctrip CEO on Global Ambitions, Skyscanner Buy and the Priceline Relationship

Dennis Schaal, Skift

In its short history, Skift has talked about the balance of power in travel heading East, whether it is the influence of Chinese travelers, the rise of Ctrip and Alibaba, or the emergence of the Gulf carriers with their luxury long-haul flights. Ctrip's acquisition of Skyscanner is one of those moments that mattered in 2016 and Ctrip's global ambitions are a manifestation of what we have been talking about.

2 months ago

Google’s Calculated Aggression Has Largest Travel Advertisers Looking for Alternatives

Google’s Calculated Aggression Has Largest Travel Advertisers Looking for Alternatives

Mark Bergen and Gerrit De Vynck, Bloomberg

The biggest travel players are accustomed to Google's moves and trying their best to adjust and work around them. Missing from this story is the fact that Google's latest moves are making it nearly impossible for all but the smallest number of consumer travel startups to succeed.

2 months ago

Priceline Takes $941 Million Writedown on OpenTable

Priceline Takes $941 Million Writedown on OpenTable

Dennis Schaal, Skift

There have long been rumblings that the OpenTable acquisition was problematic for the Priceline Group. Now we learn the depth of the problem -- a $941 million impairment charge.

2 months ago

Online Travel Booking Legends: Digital Tools Have Reached a Critical Mass

Online Travel Booking Legends: Digital Tools Have Reached a Critical Mass

Jason Clampet, Skift

Everything you need to know about the future of online travel in one two-minute segment.

2 months ago

TripAdvisor Leads Funding of Social Dining Service EatWith

TripAdvisor Leads Funding of Social Dining Service EatWith

Dennis Schaal, Skift

Restaurants and other in-destination experiences for locals and travelers will play an increasingly important role in TripAdvisor's future over the next few years. They enable TripAdvisor to diversify away from casual leisure travelers toward restaurant and tour patrons who might book way more frequently.

3 months ago

Can Direct-Booking Campaigns End Up With Both Sides Declaring Victory?

Can Direct-Booking Campaigns End Up With Both Sides Declaring Victory?

Jared Wein, Skift

Direct booking is not really a war where one side must lose. Both the large hotel chains and online travel agencies could wind up better off if they act rationally on pricing.

3 months ago