Introducing Pricebreakers: Priceline Deal Innovation Helps Travelers Book the Highest-Rated Hotels at the Lowest Price
Booking Holdings Inc. (BKNG)
Last booking holdings inc. earnings: 2/26 04:04 pm
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Source: Business Wire
Pricebreakers groups three popular hotels under one deeply discounted price; the winning hotel is revealed right after purchase NORWALK, Conn.--(BUSINESS WIRE)--When searching for a hotel room, travelers consistently prioritize two features above all: the hotel’s price and the hotel’s quality. Properties with the highest customer scores and the lowest rates are consistently the most popular.Priceline today introduced Pricebreakers, a new platform innovation that algorithmically groups those popular hotels together in order to deliver the lowest possible price.With Pricebreakers, travelers are shown three similar, highly-rated hotels, listed under a single low price. Every hotel has a customer review score above 7.0. And the price is guaranteed to be sharply discounted, up to half off published rates you can find elsewhere. Travelers are guaranteed to secure a room at one of those three properties, at the price presented. The winning hotel is revealed right after purchase.“While we’
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BKNG
Earnings
- 10/30/24 - Beat
BKNG
Sec Filings
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- 11/13/24 - Form 4
- BKNG's page on the SEC website