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Priceline.com Says Great Hotel Deals Make This The Time To Ring In The New Year In A Big City

^{Published on 2008-12-29 06:38:32, Last Modified on 2008-12-29 06:39:59 - Market Wire}
 

NORWALK, Conn.--([ BUSINESS WIRE ])--This may be a great opportunity to join the New Year's celebration in a major U.S. city. Priceline.com (Nasdaq: PCLN) said today that it's Name Your Own Price® hotel reservation service has rooms with major quality hotel chains in big cities around the U.S., available at savings of up to 50% over the published prices found on fixed-price hotel reservation services.

Priceline.com's Name Your Own Price® hotel service is different from fixed-price services. With priceline.com's Name Your Own Price® service, travels pick the dates, geographic area, star level (1-5 stars) and price they want to pay for their hotel rooms. Travelers receive their specific hotel information after the non-changeable transaction is complete.

"Major quality hotels will accept discounted bids from priceline.com customers because it allows them to privately sell their unsold rooms without affecting their retail prices," said Tim Gordon, priceline.com's Senior Vice President, Hotels. "By saving up to half off their hotel room, New Years revelers have the extra cash to take advantage of the dining, shows, music and other special events a city may offer."

In addition to hotel rooms, priceline.com also has airline tickets, rental cars and vacation packages available for New Year's travelers. Visit [ www.priceline.com ] for full details.

Hotels

Here are some examples of successful Name Your Own Price® bids made by priceline.com customers for hotel stays over the December 28, 2008 – January 2, 2009 period. Offer prices do not include taxes and fees. Prices are not guaranteed and can change at any time.

• New York City, Times Square-Theater District, 3.5 star hotel, $159 a night (40% estimated savings).
• Miami, Downtown Area, 3 star hotel, $95 a night (50% estimated savings).
• Orlando, Universal Studios-Sea World Area, 4 star hotel, $99 a night (44% estimated savings).
• Boston, Copley Square-Theater District, 3.5 star hotel, $69 a night (50% estimated savings).
• Philadelphia, Downtown Area, 3 star hotel, $59 a night (50% estimated savings).
• San Francisco, Union Square West/Nob Hill, 4 star hotel, $79 a night (34% estimated savings).
• Chicago, North Michigan Ave./River North Area, 3.5 star hotel, $65 a night (37% estimated savings).

Airline Tickets

Here are some examples of published-price round-trip airline tickets that were available on priceline.com as of December 17, 2008 for travel from Wednesday, December 31, 2008 through January 4, 2009. Prices include all taxes and fees. Prices are not guaranteed and are subject to change at any time.

Rental Cars

Travelers who need a rental car for the New Years holiday will find some great deals using priceline.com's Name Your Own Price® rental car service. Here are some examples of successful offers submitted by priceline.com Name Your Own Price® rental car customers:

Priceline's Name Your Own Price® reservation system is different from fixed price travel sites. With Priceline's Name Your Own Price® reservation system, the exact Rental Car company is shown only after purchase. Rental Car examples are shown for offers booked between November 01, 2008 to December 17, 2008 with pickup between December 30, 2008 to January 04, 2009 and do not include taxes and fees. Actual prices and availability are subject to change. Purchases shown are subject to certain restrictions, and there is no guarantee that a Rental Car offer will be accepted. Rental car savings are not guaranteed and will vary based on offer price, availability and actual itinerary. Savings claims above apply to rental car purchases using Priceline's Name Your Own Price® reservation system only and are compared to published price for the same rental car type and dates and do not include taxes and fees. See web site for Best Price Guarantee details.

About Priceline.com(R) Incorporated

Priceline.com Incorporated (Nasdaq: PCLN) [ www.priceline.com ] provides online travel services in 22 languages in over 70 countries in Europe, North America, Asia, the Middle East and Africa. Included in the priceline.com family of companies is Booking.com, a leading international online hotel reservation service, priceline.com, a leading U.S. online travel service for value-conscious leisure travelers, and Agoda.com, an Asian online hotel reservation service.

Priceline.com believes that Booking.com is Europe's largest and fastest growing hotel reservation service, with a network of affiliated Web sites. Booking.com operates in over 70 countries in 19 languages and offers its customers access to approximately 57,000 participating hotels worldwide. In the U.S., priceline.com gives customers more ways to save on their airline tickets, hotel rooms, rental cars, vacation packages and cruises than any other Internet travel service.

In addition to getting great published prices, leisure travelers can narrow their searches using priceline.com's TripFilter advanced search technology, customize their search activity through priceline.com's Inside Track features, create packages to save even more money, and take advantage of priceline.com's famous Name Your Own Price® service, which can deliver the lowest prices available.

Priceline.com also operates the following travel websites: Travelweb.com, Lowestfare.com, RentalCars.com and BreezeNet.com. Priceline.com also has a personal finance service that offers home mortgages, refinancing and home equity loans through an independent licensee. Priceline.com licenses its business model to independent licensees, including priceline mortgage and certain international licensees.