Latest Articles
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How Airlines Are Trying To Thwart Air Ticket Sales Through OTAs And The Possible Ramifications
Airlines And The OTA Tussle Airlines are seldom happy to sell inventories through third-party online travel agencies (OTAs). The reasons are twofold. Firstly, airlines need to pay a fee to advertise their products on the OTA platform, and second...
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In The Wake Of The Expedia-Ctrip Alliance, Priceline Further Increases Investments In Ctrip
Shortly after Expedia’s eLong divestiture and forging of a strategic alliance with Ctrip (NASDAQ:CTRP), Priceline (NASDAQ:PCLN) increased its investment on the Chinese online travel leader. On May 26th, Priceline announced that it will invest an ...
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Priceline Delivers Strong First Quarter But Gives Soft Guidance On Currency Headwinds
Priceline Group (NASDAQ:PCLN), the online travel giant and owner of Booking.com, Kayak and OpenTable, reported strong Q1 2015 earnings, on May 8th. The Group reported gross profit of $1.7 billion, reflecting 19% year-on-year growth. Internationa...
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Priceline Earnings Preview: Inorganic Growth Expected, Though Currency Headwinds Might Dampen Growth
Priceline Group (NASDAQ:PCLN), the online travel giant and the owner of Booking.com, Kayak and OpenTable, is set to release its first quarter earnings on May 7th. Priceline experienced healthy growth in 2014. The company reported revenue of $8....
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Weekly Online Travel Agency Notes: Priceline, Expedia, TripAdvisor, Travelzoo, Ctrip
The online travel agencies (OTAs) started the year on an acquisition spree. It seems all the market players want a bigger share of the $1.3 trillion global travel market pie. Priceline (NASDAQ: PCLN) has recently announced the intention to acquir...
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Aided By Successful Investments, Priceline Braves Currency Headwinds To Deliver A Strong Fourth Quarter
Priceline Group (NASDAQ:PCLN), the online travel giant and the owner of Booking.com, Kayak and OpenTable, reported strong Q4 2014 earnings, on February 19 th . Despite currency headwinds, the company performed above the management guidance of Q3 ...
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Priceline Might Reap Benefits Of Its Strategic Investments In The Fourth Qaurter, However, Weak Euro Likely To Thwart Growth
Priceline Group (NASDAQ:PCLN), the online travel giant and the owner of Booking.com, Kayak and OpenTable, is set to release its fourth quarter earnings on February 19th. Judging from what was reported thus far, Priceline experienced a healthy 201...
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Orbitz Worldwide Is Up For Sale: Who Are The Potential Buyers?
Orbitz Worldwide, the Chicago-based online travel agency (OTA) responsible for brands like Orbitz.com and Cheaptickets.com, is working alongside a financial adviser, to find a suitable buyer. The company has generated the interest of a few privat...
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Expedia And Priceline’s Mobile Application Releases And The Trends That Govern These Launches
Expedia’s Real Time Feedback and Sell Tonight: Improving Service Experiences For Both The Traveler And The Hotelier On January 13, Expedia (NASDAQ: EXPE) announced the release of two new products called Real Time Feedback and Sell Tonigh...
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Priceline: Key Strategic Moves In 2014
Priceline Group (NASDAQ:PCLN), the online travel giant and the owner of Booking.com, Kayak and OpenTable, experienced a robust 2014, to judge fom what has been reported thus far. For the first nine months of 2014, the Group reported revenue of $6...
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Competition Is Shaking Up The Online Travel Space
Current Market Size And Key Players The online travel agencies (OTAs) had gross bookings exceeding $150 billion in 2013, representing 38% of the global online market and 13% of the global travel market. The online travel sales figure is estim...
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Priceline’s OTA Dominance To Be Reinforced By An Expanded Partnership With Ctrip
Earlier this year, Priceline (NASDAQ:PCLN) strengthened its commercial partnership (initiated in 2012) with Ctrip (NASDAQ:CTRP), the biggest Chinese online travel agency (OTA), by investing $500 million in the company. The investment, made thro...
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Priceline posts strong Q3 2014, fears slowdown in Q4 due to Economic and Natural Crises
Priceline Group (NASDAQ:PCLN), the online travel giant and the owner of Booking.com, Kayak and OpenTable, posted its Q3 2014 earnings on November 4 th . The Group reported revenue of $2.8 billion, reflecting a 22% year-on-year growth. This was ai...
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Priceline Q3 Earnings Preview: Company Surging On The Back Of Acquisitions, Though Margin Performance May Slow
Priceline (NASDAQ:PCLN), the online travel giant, is set to release its third quarter earnings on November 4th. The company demonstrated steady top line and bottom line growth in the first half of 2014. It posted revenues of $3.8 billion with 26%...
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Factors Responsible For Our Revised Price Estimate For Priceline
We have upgraded our valuation for leading Online Travel Agency (OTA), Priceline (NASDAQ:PCLN) from $642 to $1150 . Our new price estimate for Priceline is now inline with the current market price. Despite the large size of its business and uncer...