Priceline.com reported third quarter 2004 gross travel bookings of $432 million, or a 44% increase over a year ago.
Said the company’s president and CEO Jeffrey H. Boyd:
“Priceline.com’s growth in gross bookings and gross profit dollars continued at an industry-leading pace, fuelled by new products and product improvements, as well as contributions from Travelweb.”
The company reported airline ticket unit bookings grew 65% compared to the same period a year ago.
Hotel room night bookings grew 27% compared to the same period last year, and rental car bookings increased 12%.
Hotel room night unit bookings included bookings of Travelweb, which was acquired last May, and some results from Active Hotels, recently acquired.
Report by David Wilkening
