How Booking Sites Performed on Stock Markets in 2013 – Skift

Priceline deservedly got most of the attention among online travel agencies in 2013 as its share price shattered the historic $1,000 mark in September and closed the year up 78.1% at $1,162.40.

But, leapfrogging-bragging rights for the year goes to lowly Orbitz Worldwide, which closed out the year with its stock price increasing 149.3% to $7.18.

Orbitz has a long way to go: Priceline’s shares could lose $7.18 in a day without breaking a sweat.

Orbitz made some strides in 2013, shifting some of its revenue mix toward hotels, notching some private-label wins and patching up one of its brands in Australia, but its room-night growth was lackluster and its sales targets for 2014 are sub-par.

via How Booking Sites Performed on Stock Markets in 2013 – Skift.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s