Demand for Online Booking Drives Success of Platforms that Deliver
The worldwide growth of online bookings has led to incredible success for the leaders in the online travel industry, and On the Move Systems is working hard to capitalize on the trend. Just last week, Priceline.com Inc. (PCLN) stock closed above $1,000 a share, making it the only technology stock in an exclusive club of only nine companies with stock trading at four figures. Priceline’s gains have been fueled by surging business through two units acquired in recent years, Booking.com and Agoda.com. To diversify its business, Priceline also acquired travel search engine Kayak Software Corp. in a deal that closed…