Priceline Hotel Bookings For Week Of February 17 Show: Family Vacations are On the Docket for This Presidents Week Orlando's Disney World Area Weighs in as #1 Destination for 2003'S First Major Vacation Week

Business Wire, Feb 6, 2003

Business Editors

NORWALK, Conn.--(BUSINESS WIRE)--Feb. 6, 2003

Families are traveling this coming Presidents Week.

In an analysis of booked hotel rooms for the week of February 15-23, priceline.com found that kids attractions topped the list of favorite destinations for this first major vacation week of 2003. Priceline.com(R) (Nasdaq: PCLN) is the Name Your Own Price service for hotel rooms, packages, airline tickets, rental cars and cruises.

Orlando's Disney World vicinity headed the list of destinations where priceline.com saw the most hotel bookings for Presidents Week. The "top 10" most-booked destinations along with their savings (based on average prices paid by priceline.com customers compared to the best available published price for the same hotel) are:

    #1 Orlando's Disney World Vicinity      55% average hotel savings
    #2 Baltimore's Inner Harbor Area        59% average hotel savings
    #3 Chicago's North Michigan Avenue      45% average hotel savings
    #4 New York City's Midtown East         37% average hotel savings
    #5 New York City's Midtown West         43% average hotel savings
    #6 Anaheim's Disneyland Area            66% average hotel savings
    #7 Orlando's Universal Studios/Sea
       World Area                           62% average hotel savings
    #8 San Diego and the Harbor Island Area 57% average hotel savings
    #9 New Orleans' Central Business
       District                             62% average hotel savings
    #10 Downtown San Antonio                57% average hotel savings

"Presidents Week is a wonderful time for families to get away, whether their tastes lean toward theme parks, history, sunny locales, or discovering the offerings of a big city," said priceline.com Chief Operating Officer Mitch Truwit. "Priceline.com's savings make it possible and affordable for the entire family to see America and not break the budget."

Over 9,000 name-brand, top-of-the-line hotels are in the priceline.com system, covering the U.S., Europe, Asia, Canada, Mexico and the Caribbean. Travelers who use priceline.com for their hotel reservations can achieve savings that are up to 40 percent greater than other leading online hotel reservation services. Priceline.com's superior savings are possible because priceline.com customers are flexible in their travel plans - they give priceline.com the caliber of hotel they want and the exact neighborhood they want, then let priceline.com pick the hotel from its inventory of major-brand hotels.

Priceline.com also has deep savings on vacation packages. With priceline.com's vacation package product, customers name their own price for a combined air/hotel package. But with priceline.com's vacation product, customers can also pick the exact hotel they want from priceline.com's inventory of available major-brand properties.

Some vacation examples for Presidents Week include:

- Elizabeth M. named his own price of $560 for 2 people to fly round-trip from Chicago to San Diego and stay 3 nights in a 3-star San Diego hotel.

- Troy G. named his own price of $736 for 2 people to fly round-trip from New York to Orlando and stay 4 nights in a 4.5-star Orlando hotel.

- Susan T. named her own price of $600 for 2 people to fly round-trip from Washington, DC, to Anaheim and stay 3 nights in a 3-star Disneyland-area hotel.

- Bruce P. named his own price of $664 for 2 people to fly round-trip from Phoenix to Ft. Lauderdale and stay 3 nights in a 4.5-star Ft. Lauderdale hotel.

Prices are rounded to the nearest dollar.

About Priceline.com

Priceline.com offers products for sale in two categories: a travel service that offers leisure airline tickets, hotel rooms, rental cars, vacation packages and cruises; and a personal finance service that offers home mortgages, refinancing and home equity loans through an independent licensee. Priceline.com also owns the Internet domain names and trademarks of LowestFare.com, another Web-based travel site. 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 or hostilities; 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 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.