Priceline Hotel Business Might Be Maturing: FBR

By | June 3, 2014

Scalper1 News

Priceline (PCLN) stock was down 1.5% in midday trading in the stock market today after FBR issued a report that said the Web travel agency’s core Booking.com hotel bookings business might be “reaching a state of relative maturity.” An FBR Booking.com survey, which tracks the individual properties listed on Priceline’s Netherlands-based unit, found that the number of hotels listed on Booking.com’s website is slipping even as the number of Scalper1 News

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