Tuesday, July 14, 2009
Priceline com (PCLN) PriceWatch Alert Support At Around $102.82
Priceline com (NasdaqNM: PCLN) closed yesterday at $109.06. So far the stock has hit a 52-week low of $45.15 and 52-week high of $119.33. Priceline com stock has been showing support around 102.82 and resistance in the 112.90 range. Technical indicators for the stock are Bullish and S&P gives PCLN a neutral 3 STAR (out of 5) hold rating. PCLN appears on the Investors Observer Volume Leaders list. For a hedged play on this stock, look at an Oct '09 115 covered call (PUZ JZ) for a net debit in the $101.76 area. That is also the break even stock price for this trade. This covered call has a 95 day duration, provides 6.69% downside protection and a 13.01% assigned return rate for a 49.99% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the PCLN Jan '11 40 Call (VZJ AH) and selling the Oct '09 115 call (PUZ JZ) for a $63.50 debit. The trade has a 95 day life and would provide 5.10% downside protection and an 18.11% assigned return rate for a 70.00% annualized return rate (for comparison purposes only). Priceline com does not pay dividends at this time.
Friday, July 10, 2009
Ticketmaster teams with Priceline
Ticketmaster Entertainment Inc.'s Ticketmaster division has partnered with Priceline.com Inc. giving Ticketmaster's online customers access to Priceline's services.
The partnership will bring special offers for airline, rental car and hotels through Priceline, allowing customers attending an out-of-town event to make travel arrangements while purchasing tickets to an event.
According to a release, Ticketmaster estimates that 20-30 percent of an event's audience is from out of town.
Ticketmaster (NASDAQ: TKTM) is based in West Hollywood.
The partnership will bring special offers for airline, rental car and hotels through Priceline, allowing customers attending an out-of-town event to make travel arrangements while purchasing tickets to an event.
According to a release, Ticketmaster estimates that 20-30 percent of an event's audience is from out of town.
Ticketmaster (NASDAQ: TKTM) is based in West Hollywood.
Friday, July 3, 2009
July 4 Travelers Grab Vegas Trips
Americans traveling this Fourth of July weekend may take advantage of last-minute deals such as $92 Manhattan hotel rooms and $200 weekend hotel-flight packages as the recession damps more extravagant plans.
Downtown New Orleans, the Las Vegas Strip, Chicago’s Millennium Park and New York’s Times Square are among the sought-after destinations, according to Internet travel agent Priceline.com. Beach hotels in Ocean City, Maryland, and Fenwick Island, Delaware, still have vacancies and are attracting customers this week, Hotwire.com President Clem Bason said.
“You can truly make your decisions at the last minute,” Bason said in a telephone interview. “Even if they’re flying somewhere because flights are so inexpensive, they’re not all full at the moment. Even hotels, you can make the decision to go away this weekend and still do OK on prices.”
Economic concerns and less personal income will contribute to a 1.9 percent drop in people traveling this weekend from last year, AAA said in a June 24 statement.
The July 4 holiday is typically the busiest for auto travel because children are out of school, making family vacations at this time more popular, AAA said. The nation’s largest motoring association expects air travel to make up 5 percent of the weekend’s journeying.
‘Conservative Decisions’
A drop in demand for corporate travel to destinations such as Las Vegas, Manhattan and Chicago has led hotels there to slash prices to attract leisure travelers, according to Ian Jeffries, a spokesman for Bellevue, Washington-based Expedia.com. To take advantage of the deals, people are also waiting longer, he said.
“Some people are making more conservative decisions because of the economy, but other people are seeing that there are amazing values out there and maybe making decisions at the last minute or a week out,” Jeffries said.
As of noon New York time yesterday, holiday weekend deals on Expedia.com included rooms at Manhattan’s St. James Hotel in Times Square starting at $92. There are packages on Travelocity.com, the Southlake, Texas-based online travel Web site, that include a round-trip flight from Los Angeles to Las Vegas and two nights in a three-star hotel such as the Fiesta Henderson Station Casino from about $200.
Expedia’s stock had surged 82 percent this year through yesterday to $15 and Priceline’s had climbed almost 50 percent to $110.07 as people seek out deals from the Internet-based travel sites.
Cheap Lodging
Hotel bookings on Hotwire.com, a Web site that unloads inventory for hoteliers at discount rates, are up about 50 percent for the July 4 weekend as prices fell 10 percent from last year, Bason said. Airline bookings on the site are down about 25 percent, suggesting that people are still wary of spending on more expensive components of travel, he said.
Beach destinations on the Atlantic Coast that typically sell out for July 4, such as Ocean City and Fenwick Island, still had hotel rooms available as of noon New York time July 1, Bason said. For Florida locations like Ft. Lauderdale, a four- star hotel room was available for $57.
Cities and destinations within driving distance with cheap entertainment are also popular this year, according to Brian Ek, a spokesman for Norwalk, Connecticut-based Priceline.com.
“Washington, Boston, New York and New Orleans -- these are all cities that are planning big Fourth of July events with fireworks that are either very inexpensive or free,” Ek said in a June 30 telephone interview.
Aretha, National Monuments
Washington’s fireworks should be a big draw this year because other communities have curtailed their own shows, and the capital’s version features the backdrop of the national monuments and entertainment from Aretha Franklin, said Rebecca Pawlowski, a spokeswoman for Destination DC, the city’s convention and tourism corporation.
The National Park Service expects bigger crowds and campsites at capacity this weekend as parks around the country offer Independence Day events and fireworks at little or no admission cost.
“We do find that people turn to national parks in an economic downturn,” Jeffrey Olson, a spokesman for the National Park Service, said in an interview June 30. “For the year through May, we’re up 4 percent, and I think that’ll hold throughout the summer.” It’s about a half-day’s drive for most Americans from their homes to a national park, he said.
Best Western International Inc. CEO David Kong said in a Bloomberg Television interview June 30 that hotel locations near national parks are “holding up well” amid a generally soft U.S. market.
Downtown New Orleans, the Las Vegas Strip, Chicago’s Millennium Park and New York’s Times Square are among the sought-after destinations, according to Internet travel agent Priceline.com. Beach hotels in Ocean City, Maryland, and Fenwick Island, Delaware, still have vacancies and are attracting customers this week, Hotwire.com President Clem Bason said.
“You can truly make your decisions at the last minute,” Bason said in a telephone interview. “Even if they’re flying somewhere because flights are so inexpensive, they’re not all full at the moment. Even hotels, you can make the decision to go away this weekend and still do OK on prices.”
Economic concerns and less personal income will contribute to a 1.9 percent drop in people traveling this weekend from last year, AAA said in a June 24 statement.
The July 4 holiday is typically the busiest for auto travel because children are out of school, making family vacations at this time more popular, AAA said. The nation’s largest motoring association expects air travel to make up 5 percent of the weekend’s journeying.
‘Conservative Decisions’
A drop in demand for corporate travel to destinations such as Las Vegas, Manhattan and Chicago has led hotels there to slash prices to attract leisure travelers, according to Ian Jeffries, a spokesman for Bellevue, Washington-based Expedia.com. To take advantage of the deals, people are also waiting longer, he said.
“Some people are making more conservative decisions because of the economy, but other people are seeing that there are amazing values out there and maybe making decisions at the last minute or a week out,” Jeffries said.
As of noon New York time yesterday, holiday weekend deals on Expedia.com included rooms at Manhattan’s St. James Hotel in Times Square starting at $92. There are packages on Travelocity.com, the Southlake, Texas-based online travel Web site, that include a round-trip flight from Los Angeles to Las Vegas and two nights in a three-star hotel such as the Fiesta Henderson Station Casino from about $200.
Expedia’s stock had surged 82 percent this year through yesterday to $15 and Priceline’s had climbed almost 50 percent to $110.07 as people seek out deals from the Internet-based travel sites.
Cheap Lodging
Hotel bookings on Hotwire.com, a Web site that unloads inventory for hoteliers at discount rates, are up about 50 percent for the July 4 weekend as prices fell 10 percent from last year, Bason said. Airline bookings on the site are down about 25 percent, suggesting that people are still wary of spending on more expensive components of travel, he said.
Beach destinations on the Atlantic Coast that typically sell out for July 4, such as Ocean City and Fenwick Island, still had hotel rooms available as of noon New York time July 1, Bason said. For Florida locations like Ft. Lauderdale, a four- star hotel room was available for $57.
Cities and destinations within driving distance with cheap entertainment are also popular this year, according to Brian Ek, a spokesman for Norwalk, Connecticut-based Priceline.com.
“Washington, Boston, New York and New Orleans -- these are all cities that are planning big Fourth of July events with fireworks that are either very inexpensive or free,” Ek said in a June 30 telephone interview.
Aretha, National Monuments
Washington’s fireworks should be a big draw this year because other communities have curtailed their own shows, and the capital’s version features the backdrop of the national monuments and entertainment from Aretha Franklin, said Rebecca Pawlowski, a spokeswoman for Destination DC, the city’s convention and tourism corporation.
The National Park Service expects bigger crowds and campsites at capacity this weekend as parks around the country offer Independence Day events and fireworks at little or no admission cost.
“We do find that people turn to national parks in an economic downturn,” Jeffrey Olson, a spokesman for the National Park Service, said in an interview June 30. “For the year through May, we’re up 4 percent, and I think that’ll hold throughout the summer.” It’s about a half-day’s drive for most Americans from their homes to a national park, he said.
Best Western International Inc. CEO David Kong said in a Bloomberg Television interview June 30 that hotel locations near national parks are “holding up well” amid a generally soft U.S. market.
Tuesday, June 23, 2009
Following are the Travel websites which offers air ticket services
Following are the Travel websites which offers air ticket services
Yatra.com Domestic
goair
yaatra
travelosity
jetlite
airdeccan
railway reservation
paramount airways
Yatra.com Domestic
goair
yaatra
travelosity
jetlite
airdeccan
railway reservation
paramount airways
Tuesday, June 16, 2009
Ninth swine flu case from travel
Ninth swine flu case from travel
Six more possible cases are under investigation, the Public Health Agency said.
The latest case relates to travel outside the UK and does not involve a school, workplace or other setting in Northern Ireland, the PHA added.
The sufferer has mild symptoms and is at home and taking antiviral treatment.
The patient has asked the authorities to ensure no identity details are revealed. Anyone who has been in close contact is being followed up by the agency.
Director for Public Health Dr Carolyn Harper said: "People should not be alarmed by this further case and we should expect to see more over the next few days and weeks.
"That has been the pattern in other countries and we are planning for a similar picture here.
"We have good systems in place, though, to respond to any cases that appear."
The PHA said the other eight cases in Northern Ireland have either recovered or were doing well.
The UK is now home to the highest number of confirmed cases in Europe.
The national total now stands at 1,461 patients since April 2009.
This number does not include clinically diagnosed cases in Scotland where the virus has spread particularly fast. These are yet to be confirmed.
Six more possible cases are under investigation, the Public Health Agency said.
The latest case relates to travel outside the UK and does not involve a school, workplace or other setting in Northern Ireland, the PHA added.
The sufferer has mild symptoms and is at home and taking antiviral treatment.
The patient has asked the authorities to ensure no identity details are revealed. Anyone who has been in close contact is being followed up by the agency.
Director for Public Health Dr Carolyn Harper said: "People should not be alarmed by this further case and we should expect to see more over the next few days and weeks.
"That has been the pattern in other countries and we are planning for a similar picture here.
"We have good systems in place, though, to respond to any cases that appear."
The PHA said the other eight cases in Northern Ireland have either recovered or were doing well.
The UK is now home to the highest number of confirmed cases in Europe.
The national total now stands at 1,461 patients since April 2009.
This number does not include clinically diagnosed cases in Scotland where the virus has spread particularly fast. These are yet to be confirmed.
Pricline| Pricline FLIGHTS| Pricline COUPONS|
Pricline
Pricline Shop and compare great deals on flights, hotels, rental cars, vacation packages, cruises, last minute deals, weekend deals, and more! PRICLINE.com (NASDAQ: PCLN) is company that operates a commercial website that helps users obtain discount rates for travel-related items such as airline tickets and hotel stays. The company is not a direct supplier of these services; instead it provides comparative pricing from an assortment of service companies. It is headquartered in Norwalk, Connecticut, United States. PRICLINE was the brainchild of venture capitalist Jesse Fink and of digital entrepreneur Jay Walker; the company's origins were closely tied with Walker's company Walker Digital. Hong Kong company Cheung Kong Holdings later purchased a significant portion of PRICLINE's stock.
It first gained prominence for its Name Your Own Price system, where travelers would name their price for airline tickets, hotel rooms, car rentals, and Vacation Packages. The price would be compared to undisclosed prices in the PRICLINE database, with the purchaser knowing the location and name of the rental car company, airline, or hotel only after the purchase had gone through, with no rights to cancel.
(According to the web site, the no-cancellation no-refund policy is because PRICLINE offers the price to the hotel, airline, or car rental agency with the promise that the service would be sold and the seat or hotel will be filled, or the car will be rented.) PRICLINE's cut of the proceeds was the difference between the price an individual named and the price charged by the service establishment. More recently, it has moved to a more traditional model where travelers are presented prices and are also told the name of the establishment. Travelers can still choose to name their price for airline tickets, hotel rooms, and rental cars. The number of airlines, hotels, can car rental company participants in the name your own price program has increased as these suppliers utilize this opaque market PRICLINE created to sell their perishable inventory without lowering prices through other traditional sales channels. PRICLINE now also sells discounted Cruises, as well as Tours & Attractions.
PRICLINE.com also experimented with selling gasoline and groceries under the Name Your Own Price model in 2000, at the height of the dot-com bubble, through a partially owned affiliate, WebHouse Club. PRICLINE also got into the online auction business with PRICLINE Yard Sales, where individuals would use the PRICLINE system to haggle for various second hand items and trade them in person. PRICLINE also sold long distance telephone service and automobiles under the Name Your Own Price model. All of these experiments were terminated in 2002. Another experiment, the Name Your Own Rate system for home loans, continues under a license with EverBank. In 2002, PRICLINE licensed its “Name Your Own Price” travel system to eBay.
PRICLINE returned to its original focus on travel products, such airfares and rental cars, with the addition of cruise sales and a special emphasis on hotel bookings in its commercials. During November 2007, PRICLINE “permanently” eliminated all booking fees on published airfares.
For years, PRICLINE's official spokesperson was William Shatner, who agreed to do the spots for free in exchange for stock in the company.[citation needed] The arrangement turned out to be quite profitable for Shatner, who sold much of the stock shortly before its value plummeted in the dot-com bust. An early ad campaign featuring Shatner had him belt out popular songs in spoken word, in the style of his album, The Transformed Man. He was "replaced" in 2004 by his Star Trek co-star, Leonard Nimoy. Shatner still appeared in spots for PRICLINE, running into Nimoy as his replacement. When that campaign ended, Shatner again became PRICLINE's sole spokesperson. In 2007 a new ad campaign had Shatner take on the role of PRICLINE's "Negotiator". In September 2008 in a Saturday Night Live skit during the opening monologue by Olympian Michael Phelps, Shatner rose from the audience to give Phelps tips on product endorsements. PRICLINE has been parodied in other Saturday Night Live skits and on the Tonight Show by Jay Leno.
Pricline Shop and compare great deals on flights, hotels, rental cars, vacation packages, cruises, last minute deals, weekend deals, and more! PRICLINE.com (NASDAQ: PCLN) is company that operates a commercial website that helps users obtain discount rates for travel-related items such as airline tickets and hotel stays. The company is not a direct supplier of these services; instead it provides comparative pricing from an assortment of service companies. It is headquartered in Norwalk, Connecticut, United States. PRICLINE was the brainchild of venture capitalist Jesse Fink and of digital entrepreneur Jay Walker; the company's origins were closely tied with Walker's company Walker Digital. Hong Kong company Cheung Kong Holdings later purchased a significant portion of PRICLINE's stock.
It first gained prominence for its Name Your Own Price system, where travelers would name their price for airline tickets, hotel rooms, car rentals, and Vacation Packages. The price would be compared to undisclosed prices in the PRICLINE database, with the purchaser knowing the location and name of the rental car company, airline, or hotel only after the purchase had gone through, with no rights to cancel.
(According to the web site, the no-cancellation no-refund policy is because PRICLINE offers the price to the hotel, airline, or car rental agency with the promise that the service would be sold and the seat or hotel will be filled, or the car will be rented.) PRICLINE's cut of the proceeds was the difference between the price an individual named and the price charged by the service establishment. More recently, it has moved to a more traditional model where travelers are presented prices and are also told the name of the establishment. Travelers can still choose to name their price for airline tickets, hotel rooms, and rental cars. The number of airlines, hotels, can car rental company participants in the name your own price program has increased as these suppliers utilize this opaque market PRICLINE created to sell their perishable inventory without lowering prices through other traditional sales channels. PRICLINE now also sells discounted Cruises, as well as Tours & Attractions.
PRICLINE.com also experimented with selling gasoline and groceries under the Name Your Own Price model in 2000, at the height of the dot-com bubble, through a partially owned affiliate, WebHouse Club. PRICLINE also got into the online auction business with PRICLINE Yard Sales, where individuals would use the PRICLINE system to haggle for various second hand items and trade them in person. PRICLINE also sold long distance telephone service and automobiles under the Name Your Own Price model. All of these experiments were terminated in 2002. Another experiment, the Name Your Own Rate system for home loans, continues under a license with EverBank. In 2002, PRICLINE licensed its “Name Your Own Price” travel system to eBay.
PRICLINE returned to its original focus on travel products, such airfares and rental cars, with the addition of cruise sales and a special emphasis on hotel bookings in its commercials. During November 2007, PRICLINE “permanently” eliminated all booking fees on published airfares.
For years, PRICLINE's official spokesperson was William Shatner, who agreed to do the spots for free in exchange for stock in the company.[citation needed] The arrangement turned out to be quite profitable for Shatner, who sold much of the stock shortly before its value plummeted in the dot-com bust. An early ad campaign featuring Shatner had him belt out popular songs in spoken word, in the style of his album, The Transformed Man. He was "replaced" in 2004 by his Star Trek co-star, Leonard Nimoy. Shatner still appeared in spots for PRICLINE, running into Nimoy as his replacement. When that campaign ended, Shatner again became PRICLINE's sole spokesperson. In 2007 a new ad campaign had Shatner take on the role of PRICLINE's "Negotiator". In September 2008 in a Saturday Night Live skit during the opening monologue by Olympian Michael Phelps, Shatner rose from the audience to give Phelps tips on product endorsements. PRICLINE has been parodied in other Saturday Night Live skits and on the Tonight Show by Jay Leno.
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