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Priceline.com is an online travel agency for finding discount rates for travel-related purchases such as airline tickets and hotel stays. The company facilitates the provision of travel services from its suppliers to its clients.
Trip.com Group Limited is a multinational travel service conglomerate with 45,000 employees. It is the largest online travel agency in China and one of the largest travel service providers in the world. [2] Founded in 1999, the company owns and operates several travel fare aggregators and travel fare metasearch engines, including namesake and ...
Hotels.com, L.P. [1] is a global website for booking hotel rooms online and by telephone. The company has 85 websites in 34 languages, and lists over 325,000 hotels in approximately 19,000 locations. Its inventory includes hotels and B&Bs, and some condos and other types of commercial lodging. Hotels.com was established in 1991 as the Hotel ...
Priceline.com (NAS: PCLN) carries $758.5 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
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Priceline offers the kind of steady growth we like to see! Orbitz has also seen significant growth in its margins from five years ago, but its current margins are still at a much lower 5.3%.
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Popularized by the reverse auction pioneer, Priceline.com, such pricing strategy asks consumers to 'name their own price' for various products and services like air tickets, hotels, rental cars, etc. The first bid a consumer places and the subsequent bid increments express the consumer's willingness or unwillingness to haggle. "The economic ...