Business | The Priceline party

The world’s largest online-travel company

And the best-run internet firm after Amazon?

|SAN FRANCISCO

NOT since the dotcom boom at the turn of the century have technology shares been on such a tear. On July 19th the S&P 500 index of information-technology stocks hit a record high, closing above its previous peak in March 2000 (see Buttonwood). As titans like Google, Facebook and Amazon hog the limelight, other firms can go unnoticed. One that deserves more attention is Priceline, the world’s largest online-travel company.

This article appeared in the Business section of the print edition under the headline “The Priceline party”

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