Priceline Pops Above $515 By Grabbing Greater Hotel Room Market ...

The occupancy rates of hotel rooms for the first half of 2009 were in negative for most cities globally. This situation has slowly started recovering beginning 2010 with improving average revenue per available hotel room and occupancy levels. ... But is there an alternate world where travel agents and hotel chains co-exist? We recently wrote how airlines could benefit if Priceline were to sponsor hotel bookings on their websites. By doing so, airlines would be able to ...