Tag: Priceline
Research Shows That OTA Consolidation Is Harmful To Consumers
When online travel agencies (OTAs) intentionally modify and reorder search results based on commission fees, the manufactured bias on their websites ultimately costs consumers choice...
Priceline Agrees to Acquire Momondo Group
NORWALK, Conn.—The Priceline Group Inc. has announced that it has signed a definitive agreement to acquire the Momondo Group in a cash transaction whereby...
Priceline Group Selects Company Insider as Next CEO
The Priceline Group has named Glenn Fogel, a 16-year veteran of the company, as its new CEO. Fogel, who currently serves as Priceline's head...
Cuba and Priceline Make a Deal
Priceline has become the first U.S. online travel company to strike a deal with the Cuban government. The terms of Cuba and Priceline’s agreement...
Priceline Reports Strong End-of-Year Earnings
For the fourth quarter of 2014, Priceline Group reported gross profit of $1.7 billion, a year-over year increase of 26 percent. Fourth-quarter bookings—the total...