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I don't know. As far as I know, Priceline (PCLN) is doing the same thing. Are they going to push PCLN do the same?
by tlogan 15y ago
I don't know. As far as I know, Priceline (PCLN) is doing the same thing. Are they going to push PCLN do the same?
- pbreit 15y agoThere are rules that govern what amounts should be classified as revenue or not. I believe in Priceline's case, since it actually buys the flights from airlines and has loss potential, it makes sense to book the whole fare as revenue.