Priceline Braved Currency Headwinds To Deliver A Successful Third Quarter

Priceline had a very successful third quarter despite currency headwinds dampening a part of its earnings. The main focus of the earnings call was Priceline's Booking.com's growth and how it is helping Priceline maintain its leadership position in the OTA domain. The management also spoke about Priceline's recent participation on TripAdvisor's Instant Booking and the kind of returns it expects from the same. Priceline's focus on China had made it look beyond its partnership with Ctrip to gain an...