Travel Weekly's 2016 Power List


Priceline Group

Priceline Group
2015 sales:$55.5 billion
Employees:Approximately 16,000
Previous ranking:2

800 Connecticut Ave.
Norwalk, CT 06854
Website

Executives

INTERIM CEO/CHAIRMAN: Jeffery Boyd
EVP/GENERAL COUNSEL: Peter J. Millones Jr.
HEAD OF WORLDWIDE STRATEGY & PLANNING/EVP-CORPORATE DEVELOPMENT: Glenn. D. Fogel
CFO: Daniel J. Finnegan
EVP, GLOBAL OPERATIONS: Maelle Gavet

2015 Developments

Record growth year, 10% increase over 2014, largely driven by international operations. Most growth was organic, rather than through acquisitions.

Hired new executive vice president, global operations, Maelle Gavet, to focus on driving global operational strategy.

Acquired RocketMiles, which enables travelers to earn airline miles by booking hotel stays.

Acquired PriceMatch, a B2B web design and booking/revenue management services company.

Added to investment in Ctrip.com, a Chinese online travel company, strengthening the company's presence in China.

Company Facts

Online travel agent built on retail, opaque, merchant models and online restaurant reservation services. Each brand is independently operated and provides booking services from a selection of aggregated suppliers in exchange for a share of the revenue/commission earned from facilitating reservations of travel services.

Owns Booking.com, which calls itself the world leader in booking accommodations online; Priceline.com; Kayak, a metasearch site; Agoda.com, an Asian-based online hotel reservation service; Rentalcars.com; and OpenTable.com, a restaurant reservation service.

Publicly held.

Looking Ahead

Organic growth of existing brands.

Aiming to drive superior experiences offline as well as online.

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