Travel Weekly's 2017 Power List


2 | The Priceline Group

The Priceline Group
2016 sales: $68.1 billion
Employees: Approximately 18,000
Previous Ranking: 2

800 Connecticut Ave.
Norwalk, CT 06854
T (203) 299-8431
Website

Executives

PRESIDENT/CEO: Glenn D. Fogel
EVP/GENERAL COUNSEL: Peter J. Millones Jr.
CFO: Daniel J. Finnegan

Company Facts

An online travel agent company built on retail, opaque, merchant models and online restaurant reservations. Each brand is independently operated and provides booking services from a selection of aggregated suppliers in exchange for a share of revenue/commission earned from facilitating reservations of accommodations, car rentals, cruises and other travel services. A significant majority of the company's gross profit is earned by facilitating reservations, including transaction gross profit and customer processing fees from accommodation, car rental, airline ticket and vacation package reservation services. In addition, the Priceline Group gross profits result from Kayak advertising revenues including placements on the website and mobile app.

Owns Booking.com, now available in 42 languages and offering over 1 million accommodations, including more than half a million vacation rental properties; Priceline.com, offering reservations for hotels, air, car rentals, vacation packages and cruises; Kayak, a metasearch site offering reservation services for multiple travel segments; Agoda.com, an Asia-based hotel booking service; Rentalcars.com, offering car rental reservations in 167 countries; and OpenTable.com, offering online, real-time restaurant reservations.

Publicly held.

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