Articles tagged “priceline”

Online Travel Plunge Spurs Investor Wariness

Online Travel Plunge Spurs Investor Wariness

Sean O'Neill, Skift

When Priceline sneezes, the online travel industry catches a cold.

1 month ago

Booking.com Rethinks Digital Advertising in Favor of TV

Booking.com Rethinks Digital Advertising in Favor of TV

Dennis Schaal, Skift

Did we just see an elephant fly? The Priceline Group, which is the largest spender on digital advertising in travel, just said TV commercials may be a better way to attract loyal customers. That's even more surprising than TV-happy Trivago's recent announcement that it would start devoting more resources to digital advertising. Don't you love this industry?

1 month ago

CEOs of Expedia and Priceline Group — What Have You Done for Me Lately?

CEOs of Expedia and Priceline Group — What Have You Done for Me Lately?

Dennis Schaal, Skift

The Priceline Group is in the catbird seat in online travel — for now — while Expedia is a much smaller company with so much ground to make up. Expedia's Okerstrom is laudably talking tough about his ambitions to propel his company forward. But 2017, so far, has been anything but easy for the two newbie CEOs.

1 month ago

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.

2 months 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 months 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.

3 months 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.

3 months 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.

3 months 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?

3 months 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.

4 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.

4 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.

4 months ago