Expedia’s acquisitions versus the Priceline Group’s “competitive
moat.” Rock, paper, scissors. It’s an interesting contest and in the
$1.4 trillion global travel market, both companies can be winners.
Expedia is trending upward and Priceline is showing strong growth, as
well.
While Expedia dominated headlines with its more than $6 billion worth of acquisitions in 2015, the Priceline Group needs to win the narrative back and CEO Darren Huston made his case about his company’s competitive advantages.
“Our capabilities and scale in partner acquisition, customer experience, and efficient demand generation plus our large installed base of accommodations and loyal travelers give the Priceline Group a competitive moat that is deep and wide,” Huston said. [For Darren Huston elaboration on these points, see excerpts from the Priceline Group’s fourth quarter earnings call February 17 at the bottom of this post.]
Read full story @ https://skift.com/2016/02/17/priceline-group-ceo-we-have-double-the-hotel-bookings-of-expedia/
While Expedia dominated headlines with its more than $6 billion worth of acquisitions in 2015, the Priceline Group needs to win the narrative back and CEO Darren Huston made his case about his company’s competitive advantages.
“Our capabilities and scale in partner acquisition, customer experience, and efficient demand generation plus our large installed base of accommodations and loyal travelers give the Priceline Group a competitive moat that is deep and wide,” Huston said. [For Darren Huston elaboration on these points, see excerpts from the Priceline Group’s fourth quarter earnings call February 17 at the bottom of this post.]
Read full story @ https://skift.com/2016/02/17/priceline-group-ceo-we-have-double-the-hotel-bookings-of-expedia/
Competing with expedia sounds interesting
ReplyDeleteCompetitive advantages mentioned by Darren Huston in very detailing.
ReplyDeleteIts important to understand capabilities, acquisition, customer experience, and efficient demand generation.
ReplyDelete