Also in this playlist...
This transcript is automatically generated
The business of travel Priceline.
That's a travel company jazz up 484%.
In two years.
Expedia travel company up 140%.
Same period by Charles -- economic slowdown that on got I got that but.
Well -- all the funny column that's going into these travel company.
-- that's international the international it's amazing.
Take Priceline international the last two years 2000 to 2012 this is up -- 147%.
Stock up on an 87%.
Expedia international look 52% stock up on -- 39%.
Orbits which is the odd man out only up 47%.
Domestic -- down that stock was down 63%.
Coming -- to -- -- it's up a lot more now part because the takeover rumors but it's amazing but -- telling me that the profitability.
Priceline and Expedia in the travel section comes from overseas -- -- -- he's well we make alimony that's a lot of money and also product mix hotels vs you know -- rentals and a tennis -- plays a big role but there's no doubt about it.
Because let me say something -- -- -- at the end of 2009.
International Priceline and Expedia had the same amount of bookings over the of them did over the next few years Priceline took off and -- stock has won the best performance in the entire market very few -- it won't lions won -- as the money informants and again.
Mean I mean I just don't think that they had the infrastructure they to travel agency infrastructure that we've already had built -- -- sort of like.
You know why would you put land lines and Africa you know he had a lamp light dozens -- a cell phone business in notes but if you towers and so I think we already had an established business that we're OK it's good to have Charles thank you very much -- --
Filter by section