Priceline's fourth-quarter profit jumped 28% from a year earlier, largely on continued overseas hotel room bookings through its Booking.com and Agoda divisions.
The company, whose global sales are the largest among online travel agencies but which trails Expedia, Orbitz and Travelocity among U.S.-based bookings, said Tuesday that net income rose to $288.7 million, from $225.7 million a year earlier.
Revenue rose 20%, to $1.19 billion, while bookings jumped 33%, to $6.58 billion. International bookings were up 40%, while hotel room nights sold by the OTA increased 38% from a year earlier.
Priceline said in November that it would acquire metasearch leader Kayak for $1.8 billion in an attempt to drive more traffic to its overseas sites. The company last month launched its first U.S. ad campaign for Booking.com.
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