Articles tagged “priceline”

It will take couple of quarters before the deal closes, so Kayak will still have couple of opportunities to report separate earnings.

This ends the short life of Kayak as a public company -- it just finished its first post-IPO quarter. Priceline will gain a great online and mobile team to build its portfolio and will put muscle behind the Kayak brand.

Everyone wants a little chunk of the last-minute business. It's going to come down to who makes it easiest to find what a user wants with the least number of taps on the smartphone.

The provisional decision in the UK about hotels' and OTAs' pricing practices is a shot heard round the world. If other countries pile on, the dollars at stake would be huge.

OTAs are mirroring global macro trends, but are also hurting as airlines cut back on capacity to cut costs.

Priceline has stated for months that its growth rates would inevitably decline given the size of its business, and Expedia is apparently making some gains, too -- at least domestically.

Although Priceline.com's profits and revenue rose in Q2, the company expects to take a hit on European bookings impacted by the recession and increased competition with Expedia for U.S. business.

If the ruling is upheld, then parroted elsewhere, we could see some interesting competition. But that’s a big “if,” as it calls into question whether a seller has the right to establish pricing of its own products through various retail channels.

Small travel agencies have long complained that pricing agreements between large hotel chains and the OTAs limit how they can price rooms, and it looks like someone is finally listening.

Priceline is calling out Hotel Tonight on its allegedly inflated savings' claims, and the issue is one that permeates the travel industry as purported discounts can sometimes turn out to be fictitious.