Darren Huston, The Priceline Group CEO, Discusses The Company's Euro Bond Offering, And Rocketmiles Deal.
Darren Huston, The Priceline Group CEO, discusses the company's euro bond offering, and Rocketmiles deal. Also Huston provides his outlook on travel.
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Darren Huston On Wattpad, Chief Executive Officer,
Born: January 3, 1966, Hope, British Columbia.
Education: BS in economics, Trent University; MA in Economics, University of British Columbia; MBA, Harvard Business School.
Early Marker: Vice president at Starbucks responsible for acquisitions and new product development.
Big Idea: The Microsoft executive stepped up to the top job at Priceline in January 2014 after running the group’s main revenue generator, Amsterdam-based Booking.com. Since 2011 he has been tackling the challenges of its main advertising outlet, Google, increasingly competing with it for travel-related bookings, of expanding its hospitality-related services, such as with its acquisition of OpenTable, and of retaining its customers as they migrate from desktop to mobile devices.
Priceline Group CEO Darren Huston Double the Hotel Bookings
Expedia’s acquisitions versus the Priceline Group’s “competitive moat.” Rock, paper, scissors. It’s an interesting contest and in the $1.4 trillion global travel market, both companies can be winners. Expedia is trending upward and Priceline is showing strong growth, as well.
While Expedia dominated headlines with its more than $6 billion worth of acquisitions in 2015, the Priceline Group needs to win the narrative back and CEO Darren Huston made his case about his company’s competitive advantages.
“Our capabilities and scale in partner acquisition, customer experience, and efficient demand generation plus our large installed base of accommodations and loyal travelers give the Priceline Group a competitive moat that is deep and wide,” Huston said. [For Darren Huston elaboration on these points, see excerpts from the Priceline Group’s fourth quarter earnings call February 17 at the bottom of this post.]
Read full story @ https://skift.com/2016/02/17/priceline-group-ceo-we-have-double-the-hotel-bookings-of-expedia/
Alibaba Cloud growing for sure but only in China
Amazon Web Services (AWS) isn’t threatened by the development of Alibaba Cloud as that is just developing in China right now and doesn’t have quite a bit of a nearness in the US or different nations, AWS CEO Andy Jassy has said.
As indicated by a report in Nikkei Asian Review on Thursday, AWS is set to take a major jump with Artificial Intelligence and quantum figuring.
Read full story @ https://www.reddit.com/user/engineer-ai/comments/efs8m6/alibaba_cloud_growing_for_sure_but_only_in_china/
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Darren Huston booker in chief (on Wattpad) - Darren Huston was trying to watch a hockey game, half-listening to a headhunter talk about a company he had never heard of before. But as the headhunter went on, the then-45-year-old executive in charge of Microsoft's global consumer and online businesses tuned out the arena noise and began listening to what he thought was an impossible story.
Priceline stock is lower on downbeat guidance for the current quarter. CEO Darren Huston discusses his differentiated product to Airbnb.
Priceline Group president and CEO Darren Huston, discusses the global business of Priceline and the company's plans for international growth.
