Re:Priceline now worth $100B
by hn_throwaway_99 on Wednesday July 26, 2017 @07:52PM
(#14861452)
This is a common misconception based on Priceline's history. The vast, vast majority of Priceline's value is Booking.com, which does hotel bookings. The margins on flight bookings are razor thin and probably only add value by enabling travelers to add hotels to their flights.
Margins on flights are slim.
Hotel bookings are the real meat.
Re:Priceline now worth $100B
by inthewoods on Wednesday July 26, 2017 @04:55PM
(#14860259)
Flights are only part of the picture - hotels, car rentals, et al. Anything, basically, to do with travel.
Delta: 34.4B
Southwest: 30.2B
American: 22.1B
United: 18.7B
Are we incorrectly discounting marketing, brand, etc when we notice that the top booking service is valued triple the top actual provider? That the value they add might not actually be triple the value of the actual flight?