hotel room
| 11:00AM 7/22/2011
Officials for some large U.S. cities are claiming that online travel agencies such as Expedia and Priceline are collecting hotel occupancy taxes from consumers, but not forwarding the full amount to governments. If the OTAs are forced to pass that tax money on, what will it do to their profits?
| 11:00AM 7/15/2011
When it's time for some R&R in the sun, Americans have a wealth of options. But based on summertime hotel room rentals, which one takes the crown? Orlando with its theme parks? New York with its culture? Washington with it's history? L.A. with its beaches? None of the above. Curious? Read on ...
| 1:00PM 6/10/2011
Priceline recently announced a partnership with Asian low-cost carrier Jetstar Airways: Now, Priceline will provide bookings at thousands of Asian hotel properties on Jetstar's website. The potential gains from the deal should move the needle on Priceline's stock.
| 9:32AM 8/16/2010
America is in a group-buying frenzy. The rapidly growing craze sparked by website Groupon has spawned hundreds of clones and threatens to overwhelm people's e-mail boxes with Daily Deals. But businesses that use them risk resetting their customers' ideas of what a fair price is.
| 10:00AM 11/11/2009
This summer, for the first time in five years, I used Priceline.com (PCLN) to book a hotel room and rental car. Turns out, I am part of a trend. The online travel agency saw an increase in bookings over the summer. Now it forecasts sales in the current quarter rising 28 percent from last year's...
| 3:40PM 2/19/2008
Have you ever checked out of a hotel, and been astounded by your final bill? You knew what your room rate was, but by the time they got done adding all their fees and taxes, the total skyrocketed!It's not uncommon at all. In fact, the sneaky fees are the way that hotels make a ton of money. In many...