Priceline’s Booking.com Adds 500,000th Hotel Property

By | July 1, 2014

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The Priceline Group (PCLN) said Tuesday that its global hotel-booking unit, Booking.com, has reached a milestone by adding its 500,000th property, the Leonardo Hotel in Berlin, to its list of hotel and accommodations offerings. Also Tuesday, Oppenheimer & Co. analyst Manish Hemrajani initiated coverage on Priceline with an outperform rating and a price target of 1,450. Priceline stock was up 3.5% in midday trading in the stock market today, near Scalper1 News

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