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Should clarify that "Priceline" is primarily Booking.com, not the amusing pricing opacity company out of CT (even if they did make the good decision to buy Book
by milesskorpen 12y ago
Should clarify that "Priceline" is primarily Booking.com, not the amusing pricing opacity company out of CT (even if they did make the good decision to buy Booking.com years back).
- kelukelugames 12y agoDo you have a source that most of their traffic is from booking.com?
- smackfu 12y agoPriceline breaks down their financials into domestic and international bookings, based on the location of the unit doing the booking. Booking.com is based in Amsterdam so is counted as international bookings, along with agoda.com and some rental car service. Priceline is domestic. For the latest quarter, the booking numbers were $12B foreign vs $1.7B for domestic.
- avar 12y agoFrom Priceline's annual report in 2013 (the 2014 version is not released yet) filed with the SEC[1]: During the year ended December 31, 2013, our international business (the substantial majority of which is generated by Booking.com) represented approximately 85% of our gross bookings (an operating and statistical metric referring to the total dollar value, generally inclusive of all taxes and fees, of all travel services purchased by our customers), and approximately 94% of our consolidated operating income. Disclaimer: I work for Booking.com, but it's not like SEC reports are privileged information. That Booking.com is most of the Priceline group is obvious to anyone who looks up SEC filings. 1. http://ir.pricelinegroup.com/secfiling.cfm?filingID=1075531-14-7&CIK=1075531 http://ir.pricelinegroup.com/secfiling.cfm?filingID=1075531-...
- milesskorpen 12y agoI work for them.