According to RBC, within the U.S., online travel sales account for 43% of total travel sales. That number is projected to increase marginally to 44% by the end of next year. Analysts believe that increased online sales will be driven by the continued adoption of mobile devices. Meanwhile, online travel sites are expanding their international
Time for another round of recap since the last one on May 10 … See what you have missed, and catch up.
I wondered earlier if Priceline (PCLN) would reach its all-time dot.com high of $104/share ever again. The company not only reached the target but exceeded it, and is currently trading at $120/share. Priceline recently posted earnings for Q3 totaling $104.4 million versus $48.8 million in the same period a year ago. Excluding one-time items, Q3
With Independence Day barely days away, Priceline predictably has come out with its 4th annual survey of 50 most popular holiday destinations. The survey is based on more than 30,000 actual booking requests made by its customers online, and therefore an accurate predictor of trends this season. The beeline of holiday customers and humming of
We have been discussing the online travel industry and have covered Yahoo! Travel, TripAdvisor, Travelocity, Orbitz and Expedia from a Web 3.0 perspective earlier. Here we will take a look at Priceline’s offering. Priceline founded in 1997 is an online travel agency headquartered in Norwalk, Connecticut. The site provides a wide array of travel services