June 21, 2018
Travelers losing interest in home-sharing
According to MMGY Global’s Portrait of American Travelers study, just 33% of respondents are interested in sharing economy accommodations, down from 41% in 2017 and 37% in 2016.Read more
According to Priceline's Q2 results report, the US company, which owns Priceline.com, Booking.com and Agoda.com, spent US$246 million in online ads in just three months - 78% more than the same period last year.
Now that the dust has settled it's clear the spectacular growth of Priceline – revealed in its second quarter results - was propelled by a massive boost in online marketing. The US company, which owns Priceline.com, Booking.com and Agoda.com, spent US$236 million in online ads in just three months - 78% more than the same period last year.
You can bet most of it was on paid search with Google, Bing and son on. Massive money but the key is for every $1 Priceline spends online, it makes more back. Nobody does search marketing better and those in the know says it can all be traced back to the team of experts and their technology Priceline acquired when it bought Booking.com.
Visit our sponsors: