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News / Startups

VIDEO: PhocusWire PundIT Show - Episode 8

By Kevin May | November 27, 2017

With almost three days of activity on-stage and lots of gossip in the hallways, our three guests have plenty to summarise from The Phocuswright Conference. Read More

News / Distribution

Priceline Group nets $720.2 million in second quarter, beating estimates

By Michele McDonald | August 8, 2017

The Priceline Group Inc. reported its second-quarter net income of $720.2 million, up from $580.6 million year over year. Gross travel bookings were $20.8 billion, an increase of 16% over a year ag Read More

News / Distribution

Priceline Group bookings soar by a quarter to hit $20 billion in three months

By Kevin May | May 9, 2017

The Priceline Group has seen gross bookings across the group for the first quarter of 2017 hit a record $20.7 billion. The increase of 24% year-on-year is more than $400 million compared to the sam Read More

News / Distribution

Google can rejoice: Priceline Group spent $3.5 billion on PPC in 2016

By Kevin May | February 28, 2017

No wonder travel companies find it hard to compete with the Priceline Group - the company splashed out a record $3.5 billion on marketing last year. Google was most likely the primary recipient of Read More

News / Online

Priceline Group scores big in 2016 as bookings soar by 23%

By Kevin May | February 27, 2017

The Priceline Group made $10.7 billion in revenue in 2016 - up from $9.2 billion in 2015 - and has seen a 40% jump in adjusted EBITDA. Agency revenues made up $7.9 billion of the overall pie. Gr Read More

News / Online

Priceline Group predicts rise of travel besties - smart tech that understands traveller needs

By Kevin May | November 21, 2016

"Instant Gratification 2.0" is how the Priceline Group is defining how tech will influence travellers as they look for and interact with travel brands. The industry powerhouse behind companies such Read More

News / Distribution

Booking.com eyes Asia-Pacific for next move in global domination chess game

By Kevin May | October 20, 2016

Be warned, Asia-Pacific: Booking.com has big ambitions for the region and wants to replicate the success it had in Europe. The Priceline Group-owned online travel agency carved out a considerable p Read More

News / Distribution

Priceline Group brings attention back to performance, 2016 bookings hit $16.7 billion

By Kevin May | May 4, 2016

Putting turbulence over its recently resigned CEO aside momentarily, Priceline Group today posted revenues of $2.1 billion for the first quarter of 2016. The group saw the exit of president and CEO Read More

News / Technology

Artificial intelligence-based travel concierge - not hard to break it

By Kevin May | March 23, 2016

Trip planning startup Tripoto recently announced rather grandly that it has created the "world's first AI-based travel concierge". Online virtual assistants in the travel industry are not new by an Read More

News / Online

Priceline Group spent $2.8 billion on online advertising in 2015

By Kevin May | February 18, 2016

Little wake-up call shared today by the Priceline Group for consumer-facing startups thinking they can challenge the big boys and girls of the online travel world. In its fourth quarter and full ye Read More

News / Distribution

Priceline Group says fifth of room nights on Booking.com go to business travellers

By Kevin May | February 17, 2016

Booking.com is seeing a continued shift in the split between types of users on the service - with 20% going the way of business travellers. Umbrella company, The Priceline Group, says in its full y Read More

News / Distribution

Booking.com's COO on what's next for the travel dynamo

By Sean O'Neil | January 5, 2016

Tnooz recently spoke with Gillian Tans, chief operating officer (COO) of Booking.com in Amsterdam, to find out the latest about the world's largest online seller of hotel rooms. Tnooz: What was a b Read More

News / Distribution

TripAdvisor says learning as it goes along with instant booking

By Kevin May | October 26, 2015

TripAdvisor's foray into Instant Booking for its hotel metasearch had been motoring along reasonably well until just a few weeks ago. And then it signed an agreement to have the Priceline Group bra Read More

News / Distribution

Not happy campers: Agoda pulls all inventory from Trivago

By Kevin May | August 6, 2015

Bit of an ugly spat brewing between metasearch engine Trivago and Agoda, the Asia-Pacific focused hotel booking site owned by the Priceline Group. Trivago, the Germany-based accommodation search si Read More

News / Distribution

Expedia sells stake in eLong to Ctrip and others for $671 million

By Kevin May | May 22, 2015

Expedia Inc has offloaded its majority stake in Chinese online travel agency eLong to rival agency Ctrip and a consortium of financial backers. The 62.4% ownership will now belong to Ctrip with Key Read More

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