Priceline: a Startup That Won Travel
Priceline went public in March of 1999, after just one year of operation. It was the middle of the dotcom era and a golden time for online businesses. Priceline’s IPO became one of the hottest ever, turning the company into an overnight sensation.
In 2018, the Priceline Group rebranded itself as Booking Holdings.In 2023, 36 million air tickets and over 1 billion room nights were booked across Booking Holdings, generating total yearly revenues of $21.4 billion.
This is a story of groundbreaking triumphs and multi-billion dollar losses, of innovation and resilience, but most of all, a relentless pursuit of making travel accessible to all.
00:00 Intro
00:51 The beginning: Name your own price
04:33 The surge and the fall
06:25 The renaissance: Acquisitions and rebranding
09:35 Priceline today: The biggest OTA
11:07 Innovation and marketing
Sources:
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[ 2 ]https://en.wikipedia.org/wiki/Priceli...
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[ 15 ]https://www.bookingholdings.com/about...
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