Priceline

Priceline is a leading online travel agency (OTA) and metasearch platform that revolutionized the travel booking industry with its innovative 'Name Your Own Price' model. The company operates as a consumer-facing marketplace connecting travelers with airlines, hotels, car rental agencies, and other travel service providers. Through its sophisticated pricing algorithms and extensive supplier network, Priceline enables customers to access competitive rates and exclusive deals across a comprehensive range of travel products. As part of Booking Holdings Inc. (formerly The Priceline Group), the company has established itself as one of the most recognizable brands in online travel. The platform combines traditional booking capabilities with proprietary bidding technology, allowing users to either book at listed prices or submit offers for travel services. Priceline's business model generates revenue primarily through commissions and service fees charged on completed bookings, positioning it as a performance-based intermediary in the travel ecosystem. The company serves millions of travelers annually, offering 24/7 customer support and a mobile-first booking experience. Priceline has expanded beyond its original bidding model to include Express Deals, VIP programs, and bundled packages that combine flights, hotels, and rental cars for additional savings. The platform leverages data analytics and machine learning to personalize recommendations and optimize pricing strategies for both consumers and travel suppliers.