Priceline.com's Hotel Reservation Service Expands Again, Now Offers Three Different Ways To Get The Right Hotel Room At The Right Price

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June 25, 2012
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Priceline.com's Hotel Reservation Service Expands Again, Now Offers Three Different Ways To Get The Right Hotel Room At The Right Price

NORWALK, Conn., June 25, 2012 /PRNewswire/ -- Priceline.com (Nasdaq: PCLN) announced today the launch of its expanded hotel service that gives travelers three different options for booking and saving money on thousands of hotels around the world.  Each booking option is specifically tailored to meet travelers' itinerary and savings requirements.  With all three options, customers are guaranteed to get the best price.

    --  Retail Hotels.  Choose from over 165,000 retail-price hotels, including
        the most luxurious 4-star and 5-star properties, located all over the
        globe and backed by priceline.com's Best Price Guarantee.  This option
        is perfect for travelers who are joining up with business associates at
        a specific hotel, or have a favorite place to stay. Hotel descriptions
        include amenities, photos, maps, plus review and satisfaction scores
        from customers who have stayed at the hotel.  Thousands of hotels are on
        sale every day, with special rates and juicy freebies like free
        breakfast, and free Internet.  Many offer free cancellations and a "pay
        when you stay" option that allows priceline.com customers to pay for
        their rooms at checkout.  And here's how priceline.com's Best Price
        Guarantee works: Any customer who finds a better online price within 24
        hours can contact priceline.com to receive a refund for 100% of the
        difference.

    --  Express Deals®.  This is the newest option for travelers who need
        specific amenities, like a pool or business center, and want a discount
        of up to 45%, but prefer not to bid to get their rooms.  Express Deals®
        is the speedy way to a great deal from thousands of hotels around the
        globe, and takes just seconds to book.  Customers view a page that
        includes amenities (pool, gym, on-site restaurant, etc.), star level,
        neighborhood, guest satisfaction scores on a 1-10 scale, and a price
        that's already been discounted up to 45%.  In many cases, customers can
        choose their bedding type (1 king, 2 doubles, etc.).  After saying yes
        to the discounted price, the reservation is made and the name of the
        specific hotel is revealed.  Express Deals® is covered by
        priceline.com's Big Deal Guarantee. If a customer books an Express
        Deals® hotel room and finds a better price any time up until the day
        before check-in, priceline.com will match that price and give the
        customer $25.*

    --  Name Your Own Price®.  The king of savings is still here for savvy
        negotiators who like to trade a little hotel flexibility for the
        hands-down best hotel deals available online - up to 60% off published
        prices.  Tens of thousands of hotels around the world participate in
        priceline.com's popular Name Your Own Price® service.
Travelers pick their city, dates, star level and neighborhood.  A new feature added to Name Your Own Price® guarantees the amenities guests will receive with their hotel.  After a guest makes a bid, priceline.com tries to find a hotel willing to sell a room for that price.  If a room is available, it's booked immediately at the guest's desired price.  Priceline.com is the only online hotel reservation service to offer a Name Your Own Price® option for hotels in cities around the world.  Customers who use priceline.com's Name Your Own Price® hotel service for their reservations are also covered by priceline.com's Big Deal Guarantee.

"Priceline.com recognizes that every trip is unique and a traveler's hotel and savings requirements may be different depending on the itinerary," said Tim Gordon, priceline.com's Senior Vice President, Hotels.  "A traveler going to a reunion probably needs a particular hotel, making our Retail option the right choice.  A family traveling with children might want a pool, but there's still the budget to consider, so they'll most likely want Express Deals®.  A vacationing couple with hotel flexibility can save big and still stay in a luxurious 4-star hotel by going Name Your Own Price®.  Priceline.com now has its hotel customers covered no matter what kind of trip they're taking, or what their hotel requirements may be, and all customers are guaranteed to get the best price."

All of priceline.com's hotel booking options are delivered over a website that was ranked as the best hotel reservations site on the Internet in terms of reliability.  Industry analyst Keynote Systems recently put major hotel reservation websites through their paces for speed, response time consistency, site availability, and more.  Priceline.com's hotel website came in first with a perfect reliability score.

Mobile-equipped travelers can book their hotel rooms using priceline.com's Hotel Negotiator app for iPhone, iPad, iPod touch and Android.  Hotel Negotiator offers an additional booking service called Tonight-Only Deals, where specific named hotels are made available to travelers for check-in that night at savings of up to 35% off published rates.

The Priceline Hotel Negotiator app can be downloaded from free from the iTunes store http://itunes.apple.com/us/app/priceline-hotel-car-negotiator/id336381998?mt=8&uo=4 or Android market https://market.android.com/details?id=com.priceline.android.negotiator.

*Priceline's Big Deal Guarantee covers hotels of at least two stars or higher.  The $25 will be paid as a refund to the customer's credit card.  For full details and restrictions, visit http://travela.priceline.com/promo/big_deal_guarantee.html.

About The Priceline Group

The Priceline Group (Nasdaq: PCLN) is a leader in global online hotel reservations, with over 235,000 participating hotels worldwide.  The Group is composed of four primary brands - Booking.com, priceline.com, Agoda.com and Rentalcars.com - and several ancillary brands. The Priceline Group provides online travel services in over 175 countries in Europe, North America, South America, the Asia-Pacific region, the Middle East and Africa.

Booking.com is the number one online hotel reservation service in the world, offering over 205,000 hotels (as of May 9, 2012), and is available in 41 languages.  More recent hotel counts are available on the Booking.com website.

Priceline.com gives leisure travelers multiple ways to save on their airline tickets, hotel rooms, rental cars, vacation packages and cruises. In addition to getting compelling published prices, travelers can take advantage of priceline.com's famous Name Your Own Price® service, which can deliver the lowest prices available.  Agoda.com is an Asia-based online hotel reservation service that is available in 37 languages.  Rentalcars.com is a multinational car hire service, offering its reservation services in over 4,000 locations.  Customer support is provided in 38 languages.

SOURCE  Priceline.com

Priceline.com

CONTACT: For Press Information: Brian Ek, +1-203-299-8167, brian.ek@priceline.com; For Investor Relations: Matthew Tynan, +1-203-299-8487, matt.tynan@priceline.com

Web Site: http://www.priceline.com

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