+ Watch PCLN
on My Watchlist
Offering services from airline tickets to hotel rooms to car rentals, priceline.com allows buyers to name their own price.
online travel company that offers airline tickets, hotel rooms, car rentals, vacation packages, and cruises. Customers have the choice of purchasing in the traditional, price disclosed manner, or of using the unique ‘‘Name Your Own Price’’ service, which allows them to make offers for travel services at their own, discounted price. The company collects customers’ offers and matches them against a proprietary database of seller inventory. Weakness in spending might slow growth in coming quarters, they should however continue to benefit off its “Name Your Own Price” feature which will appeal to the cost-conscious travelers. Recently signed a multiyear distribution agreement with JetBlue Airways, PriceLine will have full access to all of JetBlue’s published fares, schedules, and inventory. In addition, the company’s European hotel reservation service booking.com has formed a partnership with Ryanair, (the largest low cost airline in Europe) Ryanair passengers now have access to Booking.com’s inventory. Priceline recently acquired Agoda, an online travel company that specializes in discount bookings throughout Asia. This should be an important aspect to the company’s long term growth
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ratings and Key Statistics provided by Zacks.
SEC Filings and Insider Transactions provided by Edgar Online.
Powered and implemented by Interactive Data Managed Solutions. Terms & Conditions