With Priceline acquisition, OpenTable poised to grow globally | travelweekly.com
Priceline Group’s $2.6 billion acquisition of OpenTable, the online restaurant reservations system, was a deal motivated by travelers’ growing propensity for making purchases on the fly and by the opportunity to expand a domestic success story globally. With more traditional and bigger-ticket online travel sectors such as hotels and airlines reaching maturity in the U.S.