Vacation Plans Battered By The Economy? Priceline Providing Price Drop Protection

March 20, 2009 11:01 AM EDT
PCLN Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

EPS Growth %: +60.9%
In these unstable times and with a raging recession it seems like one can only escape inside the pages of a good book. A vacation does not seem probable nor possible for the average American. We are frustrated, we are scarred, we are beyond stressed and confused, we are financially frantic.

In typically times these stressors would definitely meet the criteria for a needed break. But these are not typically times! Escape from the pandemonium of life doesn't seem likely for the average citizen. Until today, when websites like Priceline.com (Nasdaq: PCLN) offer some great new incentives and promotions for the beaten and battered consumer.

If you book a flight by June 1st and another passenger gets that same trip for less money Priceline will send you a check refunding the difference. The same goes for vacation packages. The travel industry is a very competitive market. A lot of travel specialty websites are now vigorously competing for your business. By doing some research you may be surprised to find that a vacation is much more tangible than you believed!

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