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Priceline Group (PCLN), Expedia and TripAdvisor posted hotel demand gains and share growth in Q1, according to an analyst’s report on Monday. “Hotel industry demand remained strong on Q1 and the ‘Big 3’ in online travel — Priceline, Expedia (EXPE) and TripAdvisor (TRIP) — continued to take market share,” wrote Cowen & Co. analyst Kevin Kopelman in a Monday research note. “We estimate that the ‘Big 3’ will generate a combined $80 billion in hotel Scalper1 News
Scalper1 News