The array of booking won a 2135 m last year
Priceline, array of Booking, obtained benefits of 2.421 billion dollars (2,135 million euros) in 2014, representing a 28% increase with respect to the 1.892 billion dollars (1,669 million euros) from 2013.
The total turnover of the group reached $8.441 billion (7,448 million euros), representing a rise of 24% on the 6.793 billion dollars (5,996 million euros) last year.
In the fourth quarter earnings were 451 million dollars (398 million euros), representing an increase of 19% with respect to the 378 million dollars (334 million euros) in the same period of 2013.
Turnover between October and December reached 1.840 billion dollars (1.625 billion euros), an increase also 19% from 1.541 million dollars (1,361 million euros).
The President and CEO of the group, Darren Huston, has commented that “Priceline Group completed 2014 with a strong fourth quarter, registering growth in hotel and car rental divisions”. Also “gross international reserves grew by 27% in the fourth quarter, demonstrating the resilience of the business, despite the uncertainty of the economic environment and the volatility of the currency exchange”.
The Group recorded in the full year, 346 million hotel nights booked, with an increase of 28%, leading the growth of the group reached 50 billion dollars (44 billion euros) overall in gross reserves. Huston says that “brands of the group are beginning 2015 with a strong momentum. We are investing in the organic growth of our brands and the heart of the business in the long term”.