A Pricey Acquisition for This Online Travel Firm – Morningstar.com

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A Pricey Acquisition for This Online Travel Firm
Morningstar.com
We view Priceline as having a wider economic moat than rival Expedia because of its strong presence in Europe, the Asia Pacific region, and Latin America. These markets, relative to the U.S., have a much higher percentage of boutique nonbranded hotels, …

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