Weitz Investment Management: An Introduction To The Priceline Group

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Weitz Investment Management: An Introduction To The Priceline Group

The Priceline Group is a collection of online travel agencies (OTAs) and metasearch engines, including such brands as the eponymous Priceline.com, Kayak, Open Table and the global OTA Booking.com. The Group has its beginnings in the promulgator of the Name Your Own Price bidding model, Priceline.com, founded by Jay Walker in 1997. The company strayed from travel in its formative years, but by 2002, newly tabbed CEO Jeff Boyd had refocused its approach.

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