Latest Articles
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Priceline Forex Losses, Floods Could Weigh on $588 Value
In the recently released third quarter results, Priceline.com (NASDAQ:PCLN) reported robust growth across the board while highlighting the expectation of a modest deceleration for the remainder of 2011. Our revised price estimate of $588 for Pri...
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Priceline’s Int’l Biz Flexes Muscles Despite Wimpy Macro Environment
Hotel and travel bookings website Priceline.com (NASDAQ:PCLN) has experienced a choppy year. The company has achieved the enviable position of the number two travel booking site in the world after Expedia (NASDAQ:EXPE). The company has focused pr...
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Pricline Jumps on Broker Initiations: Are They Smoking Something?
Priceline (NASDAQ:PCLN), one of the leading online travel agencies saw a near 15% jump in its share price over the last week, triggered by initiation reports published by Credit Suisse and Barclays. CS launched coverage for the stock with a price...
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How a Recovering Travel Industry Could Hurt Expedia & Priceline
Hard to believe? Most would expect the leading online travel agencies (OTAs) such as Expedia (NASDAQ:EXPE) and Priceline (NASDAQ:PCLN) to rejoice due to improving demand for both business and leisure travel following the horrific downturn in 200...
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Priceline’s Even Money Despite Tax Man Targeting OTAs
City officials for some large U.S. cities are claiming that leading online travel agencies such as Expedia (NASDAQ:EXPE), Priceline (NASDAQ:PCLN), Travelocity and Orbitz (NASDAQ:OWW) are collecting state and local hotel occupancy taxes from con...
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Internet Sales Tax Could Hamper OTAs Like Priceline & Expedia
One of Internet retailers historical advantages vs. brick-and-mortar stores is that they previously avoided state sales taxes in most cases. This is set to change as states take a harder look at these laws amid growing pressure from industry and ...
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Priceline Partners with Cathay Pacific Airways
Priceline (NASDAQ:PCLN) recently announced a private-label partnership with Cathay Holidays Limited, the travel agency arm of Cathay Pacific Airways, wherein Priceline will provide hotel bookings through Agoda.com, the company’s popular hot...
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Expedia Eyes $30.60 by Earning More Euros with Expansion
Expedia (NASDAQ:EXPE) can earn more Euros as Expedia Media Solutions recently announced the expansion of its TravelAds search advertising program to France, Germany and Italy from its current operations in the U.S., Canada and the U.K. Expedia is...
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Priceline’s New Alerts Help Bargain Hunters Stay Atop Deals
Priceline (NASDAQ:PCLN) is adding new features to its Name Your Own Price that allows customers to set up alerts when certain pre-set criteria are reached. This will help Priceline driver higher usage for one of the most popular features of its s...
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Expedia Loses Eurostar To Orbitz
Expedia (NASDAQ: EXPE) recently lost the renewed contract for Eurostar to Orbitz (NADSAQ:OWW) in ‘a highly competitive bid process.’ Expedia lost the contract after having provided hotel bookings for over five years on a private label basis to E...
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Expedia’s Reward Points Program Adds up to Peanuts
The online travel industry is extremely competitive, with players like Priceline (NASDAQ:PCLN), Travelocity, and Orbitz (NASDAQ:OWW) competing to offer the ‘Best Deals’ in airline and hotel bookings. We’re seeing a sudden increase among tra...
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Priceline Partners with Delta Airlines as OTAs and Airlines Get Hitched
Priceline (NASDAQ:PCLN) has announced a partnership with Delta Airlines (NYSE:DAL) wherein members of Delta’s SkyMiles Frequent Flyer Program can earn SkyMiles whenever they book hotels through Agoda.com, Priceline’s very popular hotel booking si...
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Groupon Takes on the OTA Market with Expedia
Expedia (NASDAQ:EXPE) recently announced what looks like a promising partnership with Groupon. Groupon is creating a special section on its site called Groupon Getaways that will offer deep discounts to the tune of 50% on travel-related services ...
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Upside & Downside Risks for Priceline
With Priceline’s (NASDAQ:PCLN) stock gaining over 150% (from ~$190 in May 2010 to ~$500 in May 2011) over the last year and a staggering 1,800% (from $23 in Jan 2006) over the last 5 years, Priceline has been recognized as the single best p...
