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Priceline does not include resort fee amounts in the bidding. Therefore, it's possible to win a bid for a hotel and then be forced to pay mandatory resort fees (for example, often $25 per night for resort hotels in Las Vegas). [26] Priceline continues this practice despite a 2012 warning to the industry from the Federal Trade Commission (FTC).
Priceline may refer to: Priceline.com , a commercial website which helps users obtain discount rates for travel-related items such as airline tickets and hotel stays The Priceline Group , a provider of online travel & related services, and a parent company of Priceline.com
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As investors, we need to understand how our companies truly make their money. A neat trick developed for just that purpose -- the DuPont formula -- can help us do so. So in this series we let the ...
Last year, only about 7% of the guaranteed offers from consumers actually resulted in a sale -- usually because consumers bid way too low. When there is a match, priceline gets to keep the difference between the bid and the offer as profit. Fair enough, but priceline is accepting bids on many tickets where the company is actually losing money.
Companies that can create 10% or more free cash flow from their revenue can be powerful compounding machines for your portfolio. A sustained high cash king margin can be a good predictor of long ...
The DuPont Formula can give you a better grasp on exactly where your company is. As investors, we need to understand how our companies truly make their money. A neat trick developed for just that ...