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
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
We have been discussing about the online travel industry and have covered Yahoo! Travel from a Web 3.0 perspective earlier. Here we take a look at TripAdvisor’s offering. TripAdvisor was founded in February 2000 and is among the world’s largest online travel communities with over 20 million unique monthly visitors and approximately 5 million registered