|Bid||130.172 x 20000|
|Ask||130.606 x 20000|
|Day's range||129.093 - 130.361|
|52-week range||107.106 - 139.435|
|PE ratio (TTM)||61.35|
|Forward Dividend & Yield||1.04 (0.89%)|
|1y target est||N/A|
Whether they like it or not, travel companies have become increasingly dependent on online sites like Priceline to bring them customers -- and those online services expect to get a cut of each booking. Now JetBlue is pushing against the tide, taking its flight listings off of 12 online services and directing people to buy directly on jetblue.com. JetBlue already gets “well over half” of its bookings from people who come straight to jetblue.com, according to Marty St. George, who is in charge of planning, sales and marketing at JetBlue.
Uber board member Arianna Huffington, speaking at the WSJD Live conference in California, said that a "cult of the top performer" led to burnout and bad behavior at the world's leading smartphone-summoned ...
William Shatner first started shilling for Priceline (PCLN) twenty years ago, so you could easily think that the online travel market is a staid, less exciting area of tech. More from his note: Despite being one of the most mature verticals in the Internet space, in the last few months the online travel sector has experienced rapidly changing competitive dynamics causing a major disruption for certain business models. While this 'game of thrones' continues, the migration of consumer travel booking path to smartphones in the last few years has created major new opportunities for leading players in online travel by expanding the total addressable market significantly.
Uber's regional manager for northern Europe has quit - barely a fortnight after the ride-hailing app was stripped of its licence in London. A spokesman for the embattled company has denied Jo Bertram's departure was driven by the shock decision, and a Companies House filing shows she tendered her resignation on 30 August. On Tuesday, Uber's new global chief executive is due in the capital for showdown talks with Transport for London (TfL).
Follow Up: Thermo Fisher | Review | Preview For Expedia, HomeAway is starting to look like a home run. It has returned nearly 25%, including dividends, since we recommended it early in the year (“Expedia Shares Have 25% Upside,” Jan. 7). Beyond its namesake travel-booking business, Expedia owns Orbitz, Travelocity, Hotwire, a majority stake in Trivago, and much else.
The combined total market cap of online currencies is turning out to be more than the combined market caps of many online companies too.
Uber is casting around for a heavyweight British business figure to chair its UK operations as it fights a rearguard action to prevent the loss of its London operating licence. Sources close to Uber said on Tuesday that The Inzito Partnership had been picked to identify an independent chairman for its UK business. Plans for the appointment were drawn up prior to the confirmation last Friday that Transport for London (TfL) would not renew Uber's licence to operate in the capital, saying that a string of failings meant it was no longer "fit and proper" to hold such a permit.
Thomas Cook (Frankfurt: A0MR3W - news) has said it expects the price of holidays to Spain to go up by around 5% to 10% due to the fall in the value of the pound following the Brexit vote. The travel company told Sky News this was also in part due to intense competition and higher hotel costs at popular Spanish island resorts as they take advantage of a buoyant market. Holidaymakers have been flocking to the Spanish mainland, as well as the Canaries and the Balearics (Ibiza, Menorca and Majorca) - following political instability and concerns over safety in other tourist destinations.
The AA has appointed Expedia (Frankfurt: A1JRLJ - news) co-founder Simon Breakwell as its new boss and also reported a leap in profits and membership. Mr Breakwell has been serving as acting chief executive following the sacking of Bob Mackenzie in August for "gross misconduct". On Tuesday, the road assistance firm said that half-year pre-tax profits rose from £48m to £80m.
Tour operator Thomas Cook said on Tuesday it had entered into a strategic partnership with Switzerland's LMEY Investments to grow its own-brand hotel portfolio, as it confirmed its full-year outlook. The ...
There are two ways of looking at Transport for London's decision not to renew Uber's private hire licence. It can also be seen, in this light, as a defence of traditional skills as practised by London's world-famous black cab drivers. On the other hand, it is a Luddite attack on a consumer-friendly business that was bringing down the cost of travel for 3.5 million Londoners - an attack that will also hit between 30,000 and 40,000 Uber drivers directly in the pocket, in some cases depriving them of a living altogether.
London transport authorities said they will not renew Uber's licence to operate in London when it expires on September 30 for safety reasons, although the company has three weeks to appeal.
Uber is bracing itself for regulators to deliver a crucial ruling that could trigger the removal of tens of thousands of private-hire drivers from London's streets. Sky News has learnt that Transport for London (TfL) will announce today whether it is handing the world's biggest ride-hailing app a new five-year operating licence. Sources close to the decision said there were growing expectations that the capital's transport body would curtail or reject altogether Uber's application for a new licence.
British tour operator Thomas Cook said on Thursday it had entered into a strategic alliance with Expedia (Frankfurt: A1JRLJ - news) to make the online travel company its preferred provider of hotels for certain holiday sales. Thomas Cook (Frankfurt: A0MR3W - news) said that while it remained focussed on its own-brand hotels, Expedia would be the preferred partner for its "complementary city and domestic holiday business", a wider range of hotels to give customers more choice.
EU Commissioner of Competition Margrethe Vestager hit Google with the mega fine in June 2017 for illegally favouring its shopping service in search results
While speaking with Uber workers, Khosrowshahi shared his opinion that the private company should go public, hinting that could happen in 18 to 36 months, according to the Wall Street Journal and other ...
Uber's new CEO Dara Khosrowshahi (pictured) replaces co-founder Travis Kalanick, who was pressured to resign as chief of the leading smartphone-summoned ride service
San Francisco-based Uber said it was cooperating with an investigation into possible violations of the Foreign Corrupt Practices Act
Dara Khosrowshahi is known as an experienced top executive, willing to speak his mind and to advocate for women getting equal pay and leadership opportunities