Priceline News
Travel sites and hotels accused of price fixing
Expedia, Starwood Hotel & Resorts and Marriott International are among online travel sites and major hotel groups accused of conspiring to fix prices for hotel rooms and limiting competition.
Priceline sees shares slide despite profit increase
Shares in online travel agent Priceline have fallen after it warned a slowdown in the European market could hit growth in the near future. Prices were down by approximately 15 per cent in after hours trading, despite the online agent exceeding quarterly profit expectations.
Priceline.com “Kills” the Priceline negotiator
Priceline.com today revealed that it will kill off the popular Priceline Negotiator, a character played by William Shatner, in its new national TV campaign.
New York City’s Times Square is top new year party spot
According to Priceline’s top destinations in new years, New York City’s Times Square is the number 1 for U.S. revelers, and it marks the first time in seven years that New York City has edged Las Vegas for the top spot on priceline.com’s list. Meanwhile, in the Asia-Pacific region, Bangkok and Singapore are the first and second-choice destinations for New Year’s party-goers.
Priceline.com sees spike in winter holiday airfares
After a short-lived dip in airfares for Christmas and the winter holidays, priceline.com reported that the average retail holiday airfare is now $473, or 14% higher than at this time last year. That percentage is based on ticket sales for the last month.
Priceline.com says airfares holding steady as holidays approach
A potential run-up in average airfares for the Thanksgiving and winter holidays has yet to materialize, according to priceline.com, bringing good news to travelers who haven’t secured their holiday tickets.
Priceline.com’s Tonight-Only Deals available on iPad
Priceline.com’s Tonight-Only Deals (SM) Service is now compatible with iPads, enabling last-minute travellers to choose the exact hotels they want for stays starting that same night and enjoy special rate discounts of up to 35%.
Priceline.com predicts best days to fly for Thanksgiving & Christmas 2011
Before you start shopping Halloween costumes, you might want to fire up the computer and book your Thanksgiving and Christmas airline tickets.
Priceline launches Tonight-Only Deals
Priceline has launched a new Tonight-Only Deals(SM) hotel reservations service that is being bundled into its free Hotel & Rental Car Negotiator app for the iPhone and iPod Touch.
Priceline.com president to speak at Citi Global Technology Conference
Priceline.com president, Jeffery Boyd, will be a keynote speaker at the 2011 Citi Global Technology Conference in New York City on Tuesday, September 6th, 2011, at 10:00. Also in the United States today, City.Mobi is celebrating the success of its new guide to New York.
Strong international growth reported by Priceline in Q2
Priceline.com Incorporated today reported 2nd quarter 2011 financial results for the Priceline Group. Second quarter gross travel bookings for the Group, which refers to the total dollar value, generally inclusive of all taxes and fees, of all travel services purchased by consumers, were $5.8 billion, an increase of 70% over a year ago.
Priceline.com profits surge to $1.9 billion
Online travel booking company Priceline.com has enjoyed a surge in profits to $1.9 billion for 2010 on the back of strong international sales. The group’s 2010 operating profit came in at $786.8 million, up 67 percent on 2009.