6 posts and columns on bookings

Airbnb’s Skyrocketing Growth Includes Four Million Nights Booked in 2011

in Commerce on January 26 at 6:00 am PT

Travelers have used Airbnb to book a total of five million guest nights over the past four years, staying in spare bedrooms and empty homes around the world.
airbnbmascot

One Explanation for Why Zynga Is Holding Off on Its IPO

in Commerce on November 9, 2011 at 11:23 am PT

Zynga’s IPO has been rumored to slip to later in the year, but there’s probably a simple explanation: It still has to prove it’s worth the $15 to $20 billion valuation it’s asking for.
farmvillepincus

Are Zynga’s Second-Quarter Results Anything to Worry About?

in Commerce on September 30, 2011 at 3:30 pm PT

Zynga’s revenues may have dipped in the second quarter, but it’s likely that it is only gearing up for a second wind.
Zynga's FarmVille with crops whithering.

Thank William Shatner as Priceline's Stock Price Negotiates a Five-Year High

in Commerce on February 15, 2011 at 11:09 am PT

As Priceline trades at five-year highs today, and shares nearly triple in value over the past year alone, the company re-ups on its advertising campaign with William Shatner–a.k.a. “the Price Negotiator.”

News Byte

Priceline Q3 Greeted With Unreserved Enthusiasm

in News on November 8, 2010 at 3:16 pm PT

Fresh on the heels of positive earnings reports from rivals Orbitz and Expedia, online travel agency Priceline posted Q3 results today that, excluding one-time items, handily topped analysts’ forecasts. Revenue jumped 37 percent to $1 billion, and gross bookings climbed 47 percent, largely on the strength of its hotel business. The company’s Q4 outlook was also better than expected, and the stock–which has been on a nice run since July–jumped almost 6 percent in after-hours trading.

Priceline, Orbitz Slammed on Expedia Hotel, Fare Promotion

in News on March 11, 2009 at 11:32 am PT

As the recession-pressured market for leisure travel shrinks, the competition for online travel customers is heating up. Expedia today unveiled an aggressive new promotion, which it calls “Free Nights and No Fee Flights,” offering to pick up the tab for one night in a hotel for stays of three, four or five days at a group of more than 700 participating hotels, and also waiving booking fees for flights booked before the end of May.