Latest Articles
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Here’s How Priceline Is Aiming To Grow Its Share In The Accommodation Booking Market
Priceline (NASDAQ: PCLN), the world’s largest online travel agent, experienced a robust 2017, going by its performance in the first nine months of 2017. The company derives over 90% of its revenues from accommodation reservations and in th...
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Priceline Delivers A Healthy Q3, Announces A Major Shift To Television Advertising
Priceline ‘s (NASDAQ: PCLN) Q3 2017 earnings results were released on November 6th. The highlight of its earnings discussion was the company’s decision to significantly gear up its television advertisement spend while sacrificing the ...
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Priceline’s Robust Performance Is Expected To Continue In Q3 Primarily Boosted By Its Accommodations Booking Growth
Priceline, (NASDAQ: PCLN), the global online travel leader, is slated to release its Q3 2017 earnings results on November 6th. The company derives over 90% of its revenues from accommodation reservations and in this segment, its star performer is...
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Why Did Priceline Decide To Invest In The Leading Chinese e-Commerce Platform, Meituan-Dianping?
Priceline has recently invested around $450 million in Meituan-Dianping, an e-commerce platform in China. Meituan-Dianping is currently the third largest online consumer market place in China with a 260 million user base. The Beijing-based compa...
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How Will Blockchain Help Regulate OTA Commissions And Who Are Some Of Its Early Adopters
Under Blockchain, OTAs Will Continue Doing Business But In A Fairer Playing Field OTAs might still thrive through their services of aiding travelers in finding the exact property they are looking for from a curated list. However, they might st...
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Here’s How Blockchain Might Create A Fairer Playing Field In The Online Travel Market
The online travel behemoths like Priceline, Expedia, and Ctrip are increasingly gaining markets and becoming synonymous to travel booking, especially among the Millennials and Generation Z demographics. With their growth in clout, the online trav...
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This Is How Airbnb Is Gradually Becoming A Direct Competitor For The Leading OTAs
Priceline’s restaurant booking website, OpenTable, will now face a new competitor. Airbnb, in its endeavors to eventually become a full service travel-booking company, is now set to launch its own restaurant booking platform . The Airbnb we...
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While Its Growth Momentum Continues, Priceline Says Its Current Focus Is To Grow Its Alternative Accommodations Segment
In line with its steady growth momentum, Priceline delivered another robust quarter in Q2. The accommodation reservation growth for the company reached the top range of the management’s guidance with 21% y-o-y growth translating to 170 mill...
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Boosted By Its Booking.com And Other Segments, Priceline’s Growth Momentum Is Expected To Continue In Q2
After delivering a robust 2016, Priceline continued with its impressive performance in the first quarter of 2017 as well. In fact, during its Q1 earnings call, its management indicated that the company was eating into the market shares of its com...
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This New Technology Might Pose Serious Threats To The Oligopoly Created By The Bigger OTAs
OTA giants such as Priceline and Expedia are becoming more and more powerful much to the dismay of the travel related service suppliers in the market. Hotel owners claim that the OTAs charge a steep commission mainly because of the oligopoly they...
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Why Are The Regulatory Bodies Stepping Up To Curb The Growing Influence Of OTAs And What Might Be The Implications?
In a recent analysis, we showed how hotels are getting increasingly agitated with the rising commissions posed to them by online booking agencies like Priceline and Expedia. In an attempt to cut out the OTA middlemen, many large hotel chains had ...
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Priceline’s Booking.Com Joins The Bandwagon Of Becoming A One-Stop Shop For Online Travel Booking Needs
For so long, Booking.com seemed to have been focused upon providing only online accommodation booking, but not anymore. Recently, its homepage has started featuring tabs from Priceline’s other brands, such as flights from Priceline’s ...
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Can Big Hotel Chains Really Manage To Cut Out The OTA ‘Middleman’ By Offering Incentives To Direct Hotel Bookers?
The tussle between hotel owners and online travel agencies seems to be heating up. OTAs charge a substantial commission to hotel owners for hotels booked through their websites, however, given their popularity, hotel owners cannot avoid them enti...
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Priceline Seems To Be Capturing Market Share From Competitors
Priceline’s first quarter results revealed that the company is growing at a much faster pace than its closest rival, Expedia. During the earnings call, its management indicated that the company was eating into the market shares of its compe...
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Priceline Is Soaring Now, But What About The Future?
Priceline seems to be on a roll right now. Over the last year, Priceline’s stock price has grown by around 35% trading currently at above $1,800. The company ended 2016 with a 16% growth in its top line to ~$10.7 billion, while its EBITDA m...
