RBC Explains the Details Behind the TRIP/PCLN Agreement (TRIP) (PCLN) (EXPE)

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Go back to RBC Explains the Details Behind the TRIP/PCLN Agreement (TRIP) (PCLN) (EXPE)

Expedia (EXPE) Sees Early Losses on TripAdvisor/Priceline Partnership

October 14, 2015 9:38 AM EDT

Expedia (NASDAQ: EXPE) is down 2.4% early after TripAdvisor (NASDAQ: TRIP) and The Priceline Group (NASDAQ: PCLN) announced a strategic partnership whereby some of The Priceline Groups online travel brands will participate in TripAdvisors instant booking platform.

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TripAdvisor (TRIP), Priceline (PCLN) Announce Instant Booking Strategic Partnership

October 14, 2015 8:02 AM EDT

TripAdvisor (NASDAQ: TRIP) and The Priceline Group (NASDAQ: PCLN) announced a strategic partnership whereby some of The Priceline Groups online travel brands will participate in TripAdvisors instant booking platform.

Within The Priceline Group, Booking.com will be the first brand to implement the partnership through its global network of accommodations, and in time, Priceline Group brands priceline.com and Agoda.com are likely to list inventory on the platform. Development work has already begun to support the... More