| [July 07, 2004] |
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Weekend Travel Is Popular Alternative For Time-Starved Vacationers
NORWALK, Conn. --(Business Wire)-- July 7, 2004 -- Just call this the "Year Of The Mini-Vacation." Fifty-nine percent of the respondents to a recent travel survey said they plan to take four-day weekends for their vacations this year. The statistic was part of the Yesawich, Pepperdine, Brown & Russell/Yankelovich Partners 2004 National Leisure Travel Monitor.
Priceline.com(R) (Nasdaq:PCLN) is making it easy for time-starved leisure travelers to make the most of their time away from work. The online travel service is offering a full lineup of money saving weekend travel deals, including airline tickets, hotel rooms, rental cars, vacation packages and cruises.
Round-trip Airline Tickets*
Examples are published-price tickets where travelers pick their exact flight times and airlines. -0- *T -- San Diego to Las Vegas $124 -- Washington, DC, to New York $159 -- Nashville to New Orleans $183 -- Baltimore to Chicago $186 -- Detroit to Ft. Lauderdale $199 Hotel Rooms* -- Oahu, 2 stars $45 per night -- Denver, 3 stars $50 per night -- Chicago, 3 stars $85 per night -- Atlanta, 4 stars $89 per night -- Boston, 4 stars $120 per night Rental Cars* -- Compact $20 per day -- Full-size $24 per day -- SUV $38 per day *T
Vacation Packages*
Package prices include round-trip airfare, hotel, taxes and fees.
-- Las Vegas (from Chicago), The Bellagio, 5 stars, 4 nights, $438 per person.
-- San Francisco (from Los Angeles), Sheraton Fisherman's Wharf, 3 stars, 2 nights, $268 per person.
-- San Antonio (from Minneapolis), Holiday Inn Downtown, 2.5 stars, 4 nights, $370 per person.
Cruises*
-- Royal Caribbean, 3-night Baja Mexico from Los Angeles, from $194 per person.
-- Carnival Cruise Lines, 3-night Bahamas from Port Canaveral, from $229 per person.
-- Royal Caribbean, 3-night Bahamas from Miami, from $224 per person.
* Airfares are inclusive of all taxes and fees, including $6.95 processing fee. Fares shown are actual published-fare airline ticket purchases made on priceline.com between June 18 and June 21, 2004, and for travel between July 1 and July 6, 2004. Vacation package prices are per-person based on double occupancy and include round-trip airfare and hotel, all taxes and fees. Vacation packages shown are actual purchases made on priceline.com between June 18 and June 20, 2004 for travel to be completed by July 2004. There is no guarantee that vacation package hotels or prices will be available. Rental Car examples shown are for offers booked in May 2004 and do not include all taxes and fees. Purchases are subject to certain restrictions and there is not guarantee that a rental car offer will be accepted. Hotel examples shown are for offers booked in June 2004 for check-in dates between July 8 and July 10, 2004. Examples do not include taxes and fees. Cruise prices are in U.S. Dollars and are per person, double occupancy. Restrictions may apply. All cruise prices and dates may not be available at time of booking. Cruise prices do not include a non-refundable $15 processing fee. Bonus offers are subject to certain restrictions. All travel purchases are subject to certain restrictions and there is no guarantee than an offer will be accepted or that inventory will be available. Savings are not guaranteed and will vary based on offer price, availability and actual itinerary.
About Priceline.com
Priceline.com is a travel service that offers leisure airline tickets, hotel rooms, rental cars, vacation packages and cruises. Priceline.com also has a personal finance service that offers home mortgages, refinancing and home equity loans through an independent licensee. Priceline.com operates the retail travel Web sites Travelweb.com, Lowestfare.com, Rentalcars.com and Breezenet.com. Priceline.com licenses its business model to independent licensees, including pricelinemortgage and certain international licensees.
Information About Forward-Looking Statements
This press release may contain forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict; therefore, actual results may differ materially from those expressed, implied or forecasted in any such forward-looking statements. Expressions of future goals and similar expressions including, without limitation, "may," "will," "should," "could," "expects," "does not currently expect," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "targets," or "continue," reflecting something other than historical fact are intended to identify forward-looking statements. The following factors, among others, could cause the Company's actual results to differ materially from those described in the forward-looking statements: adverse changes in general market conditions for leisure and other travel products as the result of, among other things, terrorist attacks; adverse changes in the Company's relationships with airlines and other product and service providers including, without limitation, the withdrawal of suppliers from the priceline.com system; the bankruptcy or insolvency of another major domestic airline; the effects of increased competition; systems-related failures and/or security breaches; the Company's ability to protect its intellectual property rights; losses by the Company and its licensees; final adjustments made in closing the quarter; legal and regulatory risks and the ability to attract and retain qualified personnel. For a detailed discussion of these and other factors that could cause the Company's actual results to differ materially from those described in the forward-looking statements, please refer to the Company's most recent Form 10-Q, Form 10-K and Form 8-K filings with the Securities and Exchange Commission. Unless required by law, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
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