Priceline Versus Expedia: How Do The Top Line And Bottom Line Fare Currently?
Priceline and Expedia, the top two global OTAs, have witnessed significant growth in 2015. Both the companies are consolidating their positions in the industry through acquisitions. Expedia’s eLong divestiture and the acquisition of Travelocity, Orbitz, Decolar, and HomeAway, are all strategic decisions that are working really well for the company. Priceline’s biggest growth driver so far has been its accommodation platform, booking.com. For fiscal year 2015, Priceline’s customers reserved 432 million room nights through its platform, over double the number of that booked through its closest rival, Expedia, (203 million) in the same period. Expedia’s total gross booking for 2015 had been $60.8 billion reflecting a 21% year-over-year growth. Priceline’s gross booking grew by 10% to reach $55.5 billion. Though both the companies are growing well in terms of the top line growth, Priceline’s cost efficiencies are evident from its solid bottom line growth, as well. Expedia has some catching up to do on that front.
Have more questions about Expedia? See the links below.
- What Is Expedia’s Fundamental Value On The Basis Of Its Forecasted 2015 Results?
- Top 3 U.S. OTAs: A Comparison Of Operating Margins
- Expedia Year 2015 Review
- Top 3 U.S. OTAs: A Comparison Of Operating Margins
- Expedia Stock is Up 75% Since 2023. Where Is It Headed Post Q4?
- What To Expect From Expedia’s Q3 After Stock Up 8% This Year?
- Can Expedia Stock Return To Pre-Inflation Shock Highs?
- Can Expedia’s Stock Rebound After Falling 50% Over The Last Year?
- Expedia Stock To Likely See Little Movement Post Q4
- 28% Gains Left For Expedia Stock?
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