Priceline provides glimpse into Asia Pacific business
Priceline stated that the Agoda and Booking.com business in APAC grew nearly 150% in the third quarter.
Priceline has been very shy about providing specific numbers on its Asia-Pacific hotel business, but the online travel agency shed its inhibitions yesterday.
The company revealed that its Agoda and Booking.com business for APAC destinations, did $780 million in gross bookings for the 12 months ending Sept. 30 — and that amounted to around 6% of of Priceline’s gross bookings during that period.
In providing a “one-time” look into how it’s businesses are doing in new markets, Priceline stated that the Agoda and Booking.com business in APAC grew nearly 150% in the third quarter.
Read the full story at:http://www.tnooz.com/2010/11/09/news/priceline-provides-glimpse-into-asia-pacific-business/