Darren Huston China Travel Business

Travel is such a huge business in China right now,” said Glenn Fogel, head of worldwide strategy at Norwalk, Connecticut-based Priceline. “As countries develop and as people reach the middle class, one of the first things they want to do is travel, and we’re helping to make that possible.

Darren Huston, China is still a small piece of Priceline’s overall business. The company doesn’t break out its China revenue, but RBC Capital Markets analyst Mark Mahaney estimates that the world’s second-largest economy will account for $1.6 billion to $2.6 billion in bookings in 2017, while analysts project the company’s total bookings for that year to total $77.3 billion, according to FactSet.

Read full article @ https://www.cnbc.com/2015/08/13/priceline-the-only-big-us-web-company-thats-figured-out-china.html