Thom Jordan, CEO of Ping Mobile, New York adds “Without HomeAway, Priceline is at a severe disadvantage against Expedia and Airbnb in the vacation property market.
Until the acquisition of HomeAway by Expedia is complete, I would not be surprised if Priceline makes a counter-offer in an attempt to outbid Expedia.” Expedia’s HomeAway Acquisition will severely disadvantage Priceline.
The gloves are off and its Priceline turn to counter punch.
http://markhat.com/expedias-homeaway-acquisition-raises-booking-competition
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