The Future 50

Rank
11
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Priceline Group

Priceline Group
Courtesy of Priceline Group

    The Norwalk, Conn., online booking giant has one of the best-performing stocks over the past decade. The core of its growth strategy is the international travel market, not its more contested U.S. counterpart, and savvy execution on acquisitions—among them Kayak, Momondo, Booking.com, and OpenTable—has helped it fend off competitors. (Its biggest rival: Expedia.) Priceline is fighting new threat Airbnb by expanding its home-rental listings at twice the rate of its hotel listings.

    Company Information

    Overall Score25
    SectorTechnology
    IndustryInternet Services and Retailing
    CEOGlenn D. Fogel
    Websitewww.pricelinegroup.com
    Employees18,500
    HQ LocationNorwalk, Conn.
    Revenues ($M) (Past 12 Months)$11,483
    Profits ($M) (Past 12 Months)$2,356
    Market Value as of Oct. 9, 2017 ($M)$94,533