"International gross bookings growth of 43% on a local currency basis in the 4th quarter evidenced the resilience of the business in 2012 despite economic uncertainty in our core European market.
"The Group's brands are off to a good start in 2013, with greater supply and geographic reach, a new offline marketing experiment for Booking.com in the United States and a new ad campaign for Priceline.com featuring Kaley Cuoco together with William Shatner's Negotiator and a mandate to further build and diversify the global reach of our business.
"While global economic conditions remain a concern, we are excited about our long-term outlook."