Latest Articles
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Priceline’s Latest Partnership With Rad Season Might Open New Avenues For The OTA To Attract More Customers
A recent partnership between Priceline and Rad Season, a website offering sports and adventure travel bookings, might open new avenues to gain customers for Priceline. Even if the leading OTA doesn’t launch its own adventure or activity boo...
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Do Hotel Chains’ Loyalty Programs Pose A Significant Threat To The OTAs?
Online travel agencies (OTAs) and hotels seem to have somewhat of a love/hate relationship. Though OTAs bring more customers to hotels because of the increased exposure that they offer, hotels need to pay a certain percentage of commissions to th...
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Key Take-Aways From Priceline’s Q4 2016 Earnings Call
Priceline released its Q4 2016 earnings on February 27th. The company ended the year on a strong note and the trend seems to be continuing in the first quarter of 2017 as well. Priceline’s Booking.com – globally, the most popular online acc...
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What To Watch For In Priceline’s Q4 2016 Earnings
Priceline is slated to release its Q4 2016 earnings on February 27th. For the first three quarters of last year, Priceline has grown steadily, overcoming macroeconomic challenges such as the weak foreign exchange rates relative to US dollars and ...
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Why Did Priceline Decide To Acquire The Momondo Group?
While its peers have been busy with acquisitions, Priceline had been quiet for a while. Recently, it broke the silence with the announcement to acquire UK and Denmark based metasearch website, Momondo Group, for a cash sum of $550 million . The M...
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How Might President Trump’s Recent Travel Ban Impact The Various Stakeholders Of The Travel Industry?
The recent travel ban put forward by the US President, Donald Trump, has brought forward some concerns by the various stakeholders of the travel industry with a few companies filing a federal lawsuit against it. The impact of the ban on the US tr...
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What Are Some Of The Key Drivers For The Online Travel Industry In 2017?
With the increasing ease of travel booking and the advancement of technology, the demand for online travel is growing and expected to rise further in the future. The share of online bookings in total travel bookings is increasing for hotels and a...
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Why Did Expedia Decide To Shut Down Its Italy-Based Hotel Booking Website, Venere?
Expedia acquired Venere with the intention of providing competition to Priceline’s Booking.com, in Europe. However, Venere’s small scale was no match for a behemoth like Booking.com and hence, after almost 9 years of having acquiring ...
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How Can Priceline’s New Taxi Service, Rideways, Impact The Company and Its Other Brands?
Priceline is the biggest online travel agency in the world today with a market capitalization of almost $75 billion. Maybe that is the reason why the OTA has the chance to invest in a vast array of services and products and even house brands that...
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Here’s Why Priceline Has Chosen Glenn Fogel As Its New CEO
Effective January 1st 2017, Priceline Group’s current executive vice president and head of worldwide strategy and planning, Glenn Fogel will assume the position of the Group’s CEO . Priceline’s current interim CEO will assume th...
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Here Are The Key Growth Areas For Priceline’s Booking.com
In a recent podcast with Skift, Priceline’s most important brand, Booking.com’s CEO Gillian Tans spoke about the strategies that are governing the world’s most popular accommodation booking website. Presently, Booking.com boasts...
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Here’s How Priceline.com’s New Road Trip Deals Feature Might Be Significant
This seems to be an interesting time for the travel industry. While deal publishing websites such as Travelzoo, are striving to push their hotel booking platform to users for direct bookings, it seems that online travel booking giants, in turn, w...
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Key Take-Aways From Priceline’s Q3 2016 Earnings Results
Priceline’s growth story continued in Q3 2016. While the company’s accommodation platform, booking.com, continued expanding in the quarter, the platform is also making investments on newer products to improve its services and offering...
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The New Group That Is Currently Dominating Business Travel And Its Implications
A new report called the Portrait of Business Travelers published by MMGY Global indicates that the millennials are the group predominating the set of business travelers currently. Their patterns of buying also varies distinctly from those of the...
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Priceline’s Q3 2016 Earnings Preview
Priceline’s Q3 2016 earnings results are expected to be released on November 7th . For the first half of 2016, Priceline seemed to grow steadily despite macroeconomic setbacks. Its booking.com is the global accommodation leader and the plat...