How Is Priceline’s Revenue Growth Trending?
Priceline’s growth story seems to continue despite macroeconomic problems. All of its divisions seem to be soaring forward and its main growth driver, booking.com, is still ruling the accommodation booking space. In Q2 2016, Priceline’s booking.com delivered a 30% year-on-year growth and it almost doubled the number of properties on its platform in around two years time. Kayak,the biggest growth driver for Priceline’s fastest growing advertising and media segment, continues to deliver above expectations. Furthermore, its brand, priceline.com, is making progress with its repositioning plans including strengthening the management team and upgrading products and services in order to make a fresh start in 2017. We expect Priceline’s growth to continue with a strong momentum even in the future.
Have more questions on Priceline? See the links below.
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