-
Airbnb Under Fire For Allowing 'Illegal' Listings On Disputed Land Controlled By Israel
Thursday, May 12, 2016 - 2:22pm | 300Airbnb recently came under fire at TechCrunch's Disrupt competition, where a protester from CodePink held up a banner that read "Airbnb hosts apartheid [emphasis omitted]." Airbnb has allowed users to list properties on land that Israel occupied and displaced Palestinians. Critics have blasted the...
-
RBC Downgrades TripAdvisor, Prefers Other Names In Online Travel Space
Tuesday, May 5, 2015 - 12:08pm | 334In a report published Monday, RBC Capital Markets analyst Mark Mahaney downgraded shares of Tripadvisor Inc (NASDAQ: TRIP) to Sector Perform from Outperform with an unchanged $91 price target due to a preference in other names within the online travel space and other risks associated with the...
-
Expedia Has 'Less Room For Growth,' Morgan Stanley Sees 20% Downside
Thursday, February 26, 2015 - 12:00pm | 290In a report published Wednesday, Morgan Stanley initiated coverage on Expedia Inc (NASDAQ: EXPE) with an Underweight rating and $75 price target. This implies a potential downside of more than 20 percent from its recent price point of about $94. Similar to Priceline Group Inc’s (NASDAQ...
-
Sabre Unloads Travelocity Unit To Expedia For $280 Million
Friday, January 23, 2015 - 11:51am | 203Sabre Corp (NASDAQ: SABR) unloaded its Travelocity unit Friday to Expedia Inc (NASDAQ: EXPE) for $280 million in cash, the companies said Friday. The online consumer travel unit Travelocity has seen a recent sharp decline in revenue under a 2013 marketing agreement with Expedia, although...
-
Oppenheimer Asks: Is Expedia Planning To Acquire Travelocity?
Friday, January 16, 2015 - 11:38am | 255Manish Hemrajani of Oppenheimer on Friday explored the possibility of Expedia Inc (NASDAQ: EXPE) acquiring Travelocity. Hemrajani notes that on Thursday the FTC posted on its website that it has granted an Early Termination notice to Sabre Corp (NASDAQ: SABR) and Expedia on their Hart Scott...
-
Shares Of Expedia Lower As FBR Warns Q4 U.S. Bookings Consensus May Be Too High
Tuesday, December 30, 2014 - 12:12pm | 128Shares of Expedia Inc (NASDAQ: EXPE) were trading lower by 2 percent on Tuesday following cautious comments made by Jake Fuller of FBR & Co. Expedia realized healthy trends through November, but December's tougher comp implies expectations for fourth quarter domestic growth in the high...
-
Barron's Recap (4/13/13): End of the Line for Priceline?
Sunday, April 14, 2013 - 12:17pm | 975This weekend in Barron's online: the prospects for Priceline and other big online travel agencies, Barron's 2013 ranking of the top 100 financial advisors, what is next for Yahoo! and a Japanese debt apocalypse. Cover Story "This Means War!" by Avi Salzman. Online travel company Priceline....