Priceline.com CEO Jeff Boyd blamed on-going fiscal problems worldwide for keeping potential travelers stuck at home.
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Priceline is well positioned to meet growth projections, assuming the geopolitical unrest contagion does not spread.
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No sentimentalist, Boyd soon dropped Priceline's exclusive focus on the auction technology that made it famous.
Included in the Top 10 list are the CEOs of Priceline.com, Apple, Amazon, Colgate-Palmolive and DeVry.
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"Our advertising was saying, 'Shop around at other sites, then come to Priceline, '" he says.
What distinguishes Priceline from the rest is its proprietary Name Your Own Price service.
You know the names: Chipotle, Priceline and the granddaddy of them all, Apple.
Expedia competes with other leading online travel agencies such as Priceline, Orbitz and Travelocity.
Expedia competes with other leading online travel service providers such as Priceline and Kayak.
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Priceline is the second largest online travel company in the world in terms of gross bookings.
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First Line Capital participated in the launch of several high-profile firms: Priceline.com and E Trade Financial.
Names like Apple (AAPL), VMWare (VMW), Amazon.com (AMZN), priceline.com (PCLN), salesforce.com inc (CRM), to name a few.
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Boyd's challenge is to protect Priceline's profits as competitors like Expedia muscle in on its hotel business.
Despite macro headwinds and unfavorable exchange rates, Priceline closed its fiscal 2012 with a strong Q4.
But between now and then, travel stocks like Priceline, Expedia and Orbitz are likely to remain volatile.
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After the acquisition of Bookings.com in 2005, Priceline has been steadily increasing its market share in Europe.
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ScoreBig sells tickets to games, concerts and plays using an auction model similar to EBay, Hotwire and Priceline.
Having acquired Booking.com, Agoda and TravelJigsaw, Priceline has significantly expanded its international operations in Europe and Asia-Pacific.
Imagine if all travel were still booked through travel agents and Expedia, Hotwire, Priceline, etc. did not exist.
Despite a confluence of headwinds, an expanding international footprint will be the key long-term growth driver for priceline.
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Boyd says the pain will be worse for Expedia, citing its cut in margins to compete with Priceline.
Jay Walker founded Priceline in 1998 and jumped to a billion dollars net worth just one year later.
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Priceline has been a champion stock for many, more than doubling in value in the last 12 months.
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Priceline.com is the second largest online travel agency in the world after Expedia in terms of booking volumes.
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AOL. But if Priceline succeeds, it is certain that other Internet companies will try to do the same.
Priceline will launch in Europe in the autumn, potentially providing competition to UK e-commerce start-ups such as Lastminute.com.
The analyst notes that over the last three years, Priceline has grown gross bookings at a 46% compounded rate.
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For Makers, our champ was online travel booker Priceline.com, with an 89% gain.
His next task is to tailor Priceline's technology to a new generation of smart phones and other mobile devices.
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