Articles tagged “priceline”

Priceline’s Boyd Says Company Has the ‘Muscle’ to Offer Private Rates Like Hotels Do

Priceline’s Boyd Says Company Has the ‘Muscle’ to Offer Private Rates Like Hotels Do

Dennis Schaal, Skift

Priceline Group executives say their relationships with the major hotel chains are good and the impact of their direct-booking campaigns isn't acute. Then why is Jeffery Boyd, the Group's executive chairman, talking about taking remedial actions?

2 weeks ago

CEO Interview: Ctrip’s Strategic Threat to Expedia, Priceline and Everyone Else

CEO Interview: Ctrip’s Strategic Threat to Expedia, Priceline and Everyone Else

Dennis Schaal, Skift

To a great extent, Ctrip is going to be preoccupied for years chasing Chinese travelers and servicing their every travel need, around the globe. Barring further consolidation, Ctrip isn't much of a threat to its partner, the Priceline Group, which is years ahead in its own hotel business and is executing superbly.

2 weeks ago

Booking Site Acquisitions: Who Bought What and Who Was Shut Out in 2016

Booking Site Acquisitions: Who Bought What and Who Was Shut Out in 2016

Dennis Schaal, Skift

Expedia got a lot of buzz for its 2015 buying binge, but over the last two years China's Ctrip has been on an equal footing with Expedia in terms of acquisition activity. At the same time, TripAdvisor is stockpiling dining-related sites, having bought five and invested in two others.

3 weeks ago

5 Key Priceline Earnings Numbers That Show Why It’s Leaping Ahead

5 Key Priceline Earnings Numbers That Show Why It’s Leaping Ahead

Jared Wein, Skift

The Priceline Group continues to put up strong growth numbers despite its large size. Its massive advertising budget combined with improving conversion and growing inventory position the company to take further share of online and offline bookings.

4 weeks ago

Priceline Says It Won’t Get Bogged Down by Acquisitions, Like Expedia Did

Priceline Says It Won’t Get Bogged Down by Acquisitions, Like Expedia Did

Dennis Schaal, Skift

The Priceline Group will consider various strategies to further its priority of increasing its lodging supply. The reason? The more choice, the better the conversion rates of lookers into bookers. When people tell you Airbnb won't ever get into selling hotel rooms, then consider the lessons Priceline has learned about adding rooms.

4 weeks ago

Why Trivago Isn’t Worried About Competition From Priceline and TripAdvisor

Why Trivago Isn’t Worried About Competition From Priceline and TripAdvisor

Gerrit De Vynck, Bloomberg

Trivago's "irritating" onslaught of advertising has helped it to rely less on paid search than many of its competitors.

1 month ago

Kayak-Momondo: What to Watch for as the Companies Combine

Kayak-Momondo: What to Watch for as the Companies Combine

Dennis Schaal, Skift

Expedia poured money into Trivago marketing at a loss. Current Priceline Group CEO Glenn Fogel just spent $550 million on helping Kayak grow. Does this mean he’s going to open the bankroll even further to assist Kayak-Momondo in its expansion?

1 month ago

Expedia CEO Defends His Portfolio Despite Rivals’ Recent Acquisitions

Expedia CEO Defends His Portfolio Despite Rivals’ Recent Acquisitions

Dennis Schaal, Skift

Expedia's CEO says his company has momentum moving into 2017, although we heard him express similar sentiments over the last two quarters and any surge wasn't particularly noticeable. This will likely be another transition year as Expedia's HomeAway gets more digital and Trivago feels its oats as a public company.

2 months ago

Priceline Buys Momondo for $550 Million to Expand in Europe

Priceline Buys Momondo for $550 Million to Expand in Europe

Dennis Schaal, Skift

The acquisition of the Momondo Group is the Priceline Group's largest since buying OpenTable -- and subsequently having to take a write down -- in 2014. Through the acquisition, Kayak gets a strong brand in parts of Europe and ensures that no other rivals step in to take Momondo away from it.

2 months ago

Google Earnings Show Booking Sites Face Ongoing Advertising Headwinds

Google Earnings Show Booking Sites Face Ongoing Advertising Headwinds

Jared Wein, Skift

Google continues to churn out strong revenue growth numbers despite its massive size. There was little direct mention of travel on Google’s earnings call, but a few metrics give us insights into likely online travel agency earnings season and the broader online travel ecosystem.

2 months ago

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.

2 months 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.

2 months ago