Darren Huston, The Priceline Group is the dominant online player based on its scale, speed, search engine marketing strategy, and conversion skills, but perhaps its compensation policy should be added to the list of factors, as well.
- Priceline’s stock price increased 87% in 2013.
- Its gross bookings jumped 37.7% year over year.
- Priceline’s adjusted EBITDA climbed 35.9% year over year, and
- Priceline retained its position as the leader in global room nights booked.
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