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Priceline CEO: Business is Great -- Even in U.S.

CNBC.com
Friday, 15 Feb 2008 | 9:27 AM ET

The slowing U.S. economy and high fuel prices don't scare Jeffrey Boyd, chief executive of Priceline.com.

He told CNBC that the online travel-bargain company is doing just fine -- in America and worldwide.

  • Video: Watch the entire interview (3 mins)

"We have accelerating growth in our U.S. business, and we have very high rates of growth in our European business, over 100 percent in the fourth quarter.

"...I think we're positioned a little bit differently, because we have so much more inventory now, this quarter, thousands more hotels than we did in the quarter a year ago -- so there are a lot of things that are driving our business that are separate and apart from the economy."

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The Priceline Group
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