Expedia, Priceline Face Threat From Airbnb: Analyst

By | November 23, 2015

Scalper1 News

Expedia (EXPE) and Priceline (PCLN) continue to take different approaches in handling the competitive threat from Airbnb, says RBC Capital Markets analyst Mark Mahaney. While Expedia executives continue to describe Airbnb’s impact as “immaterial” — though less than a week later announcing an agreement to acquire Airbnb home-rental competitor HomeAway (AWAY) — Priceline has been willing to acknowledge the potential impact to online travel agency Scalper1 News

Scalper1 News