Darren Huston on CNBC Said We have Great Business

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Darren Huston Said on CNBC We have Great Business
and Differentiated Product In his interview on
CNBC.com, Darren Huston discussed about the
Priceline Group stock also, he discusses his
differentiated products to Airbnb. Simon
You're a very deliberate organization, it's not
just the conservative guidance, you're very
careful what you say in public when you decide
to break out the numbers, as you've done saying
we have 6.6 million vacation apartments and
villas, igloos and tree houses, whatever it is
that people can very easily book and book
instantly online, three times as many as BMB or
people will notice it is three times as many as
APM beat. What are you trying to do here? What
gap are you trying to close? What are you trying
to say to Chesky at our BMB?
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Darren Huston
Well, you know, Simon, one of our biggest
challenges as a company is we have a fantastic
business. As I said, we've had over a billion
guests stay. We've got three times the inventory
in this kind of non- hotel space than any of our
nearest competitors. And we have attendants who
are very Dutch company we like to do and then
talk about it later and talk about it and then do
it. And this is just a chance to speak to people
that we have a wonderful product for those
people looking for self-kit or product or looking
for something really unusual to stand anywhere
around the world. We have a great business and a
differentiated product. MURPHY and be our
product charges, no fees to consumers.
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It's instantly verifiable. There's no back and
forth and email with the host. And we hope to
show Americans who many may not know the brand
Booking.com that there's this fantastic offer
that many of them may not have discovered
yet. Simon
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But it's very different, isn't it? I mean, you
have built up a lot of that. We've spoken about
this privately and publicly. A lot of these
businesses you've got online through foot led the
thousands of people going out and knocking on
doors to try and get them to come to you as a
business that's very different from BMB, which
for want of a better expression, has the
zeitgeist. I mean, people just hear about it and
they participate. And if you look at the
valuations, BMB is valued at 25-26 billion
dollars. You with all your numbers, with all
your revenue. 69 to 70 billion dollars. How do
you close that gap? Darren Huston
Well, I guess we just keep telling our story.
Simon and ultimately, you know we're a
moneymaking business. We've built this whole
business to be the world's largest accommodation
platform. We also, by the way, have Opentable,
which is the largest player in the restaurant
space is about to cede its billionth guest. And
we're a public company.
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So we just have to continue to deliver the
growth, deliver the profitability every single
quarter and inspire our guests with fantastic
products. I mean, we've always built the
Priceline Group on premium brands that deliver
the most frictionless experience. And now our
objective is to make sure everybody knows about
it. And you can only imagine how big we can get
if people actually know our brands.