Priceline Overtakes Expedia in Gross Bookings for the First Time – Skift
The biggest news that shocked online travel yesterday was that Priceline replaced long-time CEO Jeffery Boyd. But when you look beyond that headline, Priceline achieved another major milestone: It surpassed Expedia Inc in gross bookings for the first time.
Gross bookings are the total dollar value of all travel sold, including taxes and fees.
Priceline’s third quarter gross bookings came in at $10.8 billion, a 37.5% leap over the same period a year earlier.
That meant for the first time Expedia was looking up at Priceline from the number two position in gross bookings. Expedia’s gross bookings in the third quarter increased a relatively tepid 15% to $10.4 billion.
via Priceline Overtakes Expedia in Gross Bookings for the First Time – Skift.
Related articles
- Is Priceline Still Best of Breed? (fool.com)
- Priceline Is Firing on All Cylinders (dailyfinance.com)
- Priceline shock move – Jeff Boyd steps aside as CEO and president, Huston promoted (tnooz.com)
Pingback: Launching SkiftIQ: Competitive Intelligence Dashboards for Smart Travel Marketers – Skift | CMOs InTravel
Pingback: The Top Emerging Global Destinations Travelers Are Actually Going To – Skift | CMOs InTravel
Pingback: Amadeus Launches Venture Fund To Invest In Travel Startups – Skift | CMOs InTravel
Very great post. I just stumbled upon your blog and wanted to mention that I have really
enjoyed surfing around your blog posts. After all I will be subscribing on
your feed and I hope you write once more soon!
http://www.livesportontv.com/athletics
Thanks for your kind comments.