NEW YORK-- Shares of online travel companies soared Friday after both Priceline.com and TripAdvisor reported better-than-expected quarterly results. Priceline.com Inc.' s profit jumped 27 percent as customers made more travel bookings on its website.
Shares of TripAdvisor and Priceline.com jumped before the opening bell Friday after both surprised investors Thursday with better-than-expected third-quarter profit. Priceline.com Inc.' s profit grew 27 percent as customers made more travel bookings on its website.
Demand for East Coast hotel rooms is spiking, and some travelers charge price gouging in the aftermath of Hurricane Sandy.
*Three major New York area airports still closed. *JFK, Newark to resume limited services Wednesday.
Late Tuesday, Port Authority of New York and New Jersey said it was possible that there would be limited service on Wednesday at John F. Kennedy International Airport. Airlines said they planned to restart service Tuesday at some East Coast airports, including Boston and Philadelphia.
Airlines said they planned to restart service Tuesday at some East Coast airports, including Boston and Philadelphia.
Staving off a disruptive competitor is difficult. Just because a company’s disruptive nature gives it an advantage doesn’t mean its reign will last forever.
Shares of online travel companies fell Friday after Travelzoo Inc. warned investors that its third-quarter profit would likely shrink 40 percent from the prior year. Online travel companies such as Travelzoo, Expedia Inc. and Priceline.com Inc. are in intense competition for customers, who remain somewhat cautious about their spending.
Frontier Airlines caused a stir when it announced travelers who don't book directly with the airline will pay higher fees. But do the best deals always come from travel agencies? The New York Times investigates.
In the race for digital advertising dollars, Google has been the clear winner, with its ability to customize advertisements based on what you search for. But Facebook, which customizes ads based on who you and your friends are, hopes to be a contender. An important test of how it is doing will come on Thursday, when it releases its first earnings numbers since going public, the New York Times reports.
More than 3.2 million travelers will take to the skies this week for the Independence Day holiday, according to the AAA. While airfares may be flat compared to last year, hotel rates are higher.
The WSJ reported Orbitz hotel results show more expensive high-end options for Mac users. Barney Harford, Orbitz Worldwide CEO, offers insight. "In the recommendations module, shopping on a Mac or a PC is one of a myriad of factors we use to determine what hotels to recommend to those consumers," says Harford.
Orbitz has found Mac users tend to book more upscale hotels and often recommends such properties to those searching from Apple computers, according to a report.
If you like the comfort of booking your stay on a hotel-owned website and dealing directly with the property, consider a new option, RoomKey.com, which is designed to compete with online travel agencies.
Check out which companies are making headlines after the bell Tuesday:
Delta Air Lines may have charged some frequent flyers higher airfares than other customers for almost three weeks because of a website glitch. The problem was fixed, but could it happen again?
More travel sites are tracking hotel and airline prices after your purchase, and offering refunds of the difference if prices drop. Among the sites are Tingo.com, CheapAir.com and Orbitz.com. Here's how to get a refund.
Online travel agency Orbitz Worldwide reported a narrower first-quarter loss on Thursday as more vacationers booked vacation packages and paid more to do it.
Orbitz is up sharply this morning after announcing that it narrowed losses in the first quarter. Barney Harford, Orbitz Worldwide President & CEO, offers insight.
Amid a surge in online travel stocks during the past week, two analysts debate whether Priceline.com or Expedia is the better buy.