Priceline Group Inc (NASDAQ:PCLN) Set To Dominate Both TripAdvisor Inc (NASDAQ:TRIP) and Expedia Inc (NASDAQ:EXPE)

Priceline Group Inc (NASDAQ:PCLN) Set To Dominate Both TripAdvisor Inc (NASDAQ:TRIP) and Expedia Inc (NASDAQ:EXPE)

Priceline Group Inc (NASDAQ:PCLN) is currently a strong performer rivalling TripAdvisor Inc (NASDAQ:TRIP) in the online travel industry. TripAdvisor Inc (NASDAQ:TRIP) despite declining growth and earnings is still at a premium compared to Priceline. While price of Priceline Group Inc (NASDAQ:PCLN) is on a upward trend TripAdvisor saw shares fall by nearly 2% on backdrop of downgrades and nearly 20% so far in 2017.

Priceline Group Inc (NASDAQ:PCLN) grew by 10.7% in FY 2014 to 12.1% which was marginally below Expedia Inc (NASDAQ:EXPE). While the Global online travel market is set to grow by 9.7% from $564.9B in FY2016 to $817.5B by FY2020. Both Expedia Inc (NASDAQ:EXPE) and Priceline are on track to continue their upward trend. Priceline Group Inc (NASDAQ:PCLN) Q1 was up by 13% in 2017 Q1. But was dragged down by its increasing advertising and marketing expenses, which stood at 26% Year on year.

In contrast to Priceline Group Inc (NASDAQ:PCLN) and Expedia Inc (NASDAQ:EXPE), Tripadvisor Inc (NASDAQ:TRIP) is currently struggling to come out of its multi-year lows. Analysts don’t expect much to change in TripAdvisor Inc (NASDAQ:TRIP) Q2 earnings call on August 9. In last quarter 84% of its total revenue came from hotel booking segment which grew by 27% in 2016 and by 4% to $314 million. TripAdvisor still is struggling with its mobile adaption rates and has since rolled out streamlined app experience to improve its mobile monetization numbers.

With little difference in terms of growth between Priceline Group Inc (NASDAQ:PCLN) and Expedia Inc (NASDAQ:EXPE), Priceline Group Inc (NASDAQ:PCLN) is soon closing in the gap. Priceline network has significantly contributed to its growth compared to Tripadvisor Inc (NASDAQ:TRIP) and Expedia Inc (NASDAQ:EXPE). While Expedia has network of over 385,000 listings, Priceline boosts over a million.

Priceline Group Inc (NASDAQ:PCLN)
Priceline Group Inc
(NASDAQ:PCLN)

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