eyefortravel.com - Travel Distribution News, Events and Analysis: "Following Priceline.com Inc.'s acquisition of Amsterdam-based online hotel reservation company Bookings B.V. in July this year, the online travel services provider is gearing up for strengthening of its offerings across Europe...
Following the acquisition, Priceline.com portfolio comprises Activehotels.com, Activereservations.com, Bookings.net and priceline.co.uk...
The acquisition of Bookings B. V. is part of Priceline.com's acceleration in expansion in Europe. The company had bought Active Hotels Ltd. last year. Priceline.com had stated that Bookings' gross travel bookings for the 12 months ending June 30, 2005 are expected to be US$225 million, up 110% year-over-year. And Bookings' revenues for the same period are expected to be US$25 million, up 100% year over year."
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