About | History

ABOUT

Learn more about the key milestones of the world leader in online accommodation reservations

1997

Priceline Founder Jay Walker launches priceline.com with its famous Name Your Own Price® service.

1999

Priceline undergoes initial public offering and reaches $12.9 billion market value on the first day, the highest first day value for a corporation at the time.

1999

Priceline experiments with selling groceries and gasoline (WebHouse Club), long distance telephone service, home mortgages, secondhand goods, and new cars through its Name Your Own Price® service.

2000

Priceline discontinues WebHouse Club, a venture housing Name Your Own Price® gasoline, groceries, mortgages and telephone services to refocus on travel.

2000

Priceline Founder Jay Walker steps down from Priceline Board of Directors.

2001

Priceline becomes profitable.

2002

Jeffery H. Boyd is named Chief Executive Officer of Priceline.

2003

Priceline moves beyond its Name Your Own Price®  service and enters the retail air space.

2004

Priceline enters the retail hotel business by acquiring a majority stake in TravelWeb.

2004

Priceline acquires ActiveHotels.com, a leading online hotel booking service in Europe at the time.

2005

Priceline acquires Booking.com, the leading hotel booking website in Europe and world’s largest accommodations website today, and combines it with ActiveHotels.

2007

Priceline acquires agoda.com, an Asia-based leader in hotel accommodations.

2009

Priceline is added to the S&P 500 Index.

2010

Priceline surpasses Expedia to become the world’s largest online hotel reservation service.

2010

Priceline acquires TravelJigsaw, a multinational rental car service which is known today as Rentalcars.com.

2012

Priceline launches Priceline Ventures to invest in small growth companies that align with strategic interests across the Priceline businesses.

2013

Jeffery H. Boyd becomes Chairman of the Priceline Board of Directors.

2013

The Priceline Group acquires global travel search tech company KAYAK.

2014

Darren Huston is named Chief Executive Officer of The Priceline Group.

2014

The Priceline Group is named a Fortune Most Admired Company.

2014

Priceline changes its name to The Priceline Group to reflect its evolution as a company with multiple independently-operated brands.

2014

The Priceline Group acquires OpenTable, Inc. the online leader in restaurant reservations.

2015

The Priceline Group is named a Fortune Most Admired Company.

2015

The Priceline Group is named by Forbes as one of the Top 25 Most Innovative Companies in the World.

2015

The Priceline Group acquires PriceMatch, a  leading cloud-based data and analytics solution for hotels.

2015

The Priceline Group acquires RocketMiles, a Chicago-based company that allows travelers to book hotels while earning airline miles.

2015

The Priceline Group acquires ASDigital, a leading provider of restaurant table and reservation management solutions based in Australia.

2016

The Priceline Group is industry ranked #4 in Fortune Magazine’s “World’s Most Admired Companies” list.

2016

The Priceline Group is ranked by Fast Company as a “World’s Most Innovative” company.

2017

Glenn Fogel becomes Chief Executive Officer and President of The Priceline Group.

2017

Jeffery H. Boyd becomes Executive Chairman of the Priceline Group’s Board of Directors.

2017

The Priceline Group is industry ranked #4 in Fortune Magazine’s “World’s Most Admired Companies” list.

2017

The Priceline Group acquires Momondo Group, a leading European meta engine that offers flights, hotels and car rentals, and Cheapflights, a leading global flight comparison and travel deals publishing platform. The businesses were rolled under The Priceline Group’s leading travel meta brand, KAYAK.

2017

The Priceline Group is ranked #11 by Fortune in their inaugural Future 50 list.

LEADERSHIP

Get more information on our senior leaders and members of our Board of Directors.

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HISTORY

Learn more about how The Priceline Group has evolved to where we are today.

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