Priceline's CEO Boyd on CNBC Says Southern Europe Weak, Company Expanding

Priceline's CEO Jeffrey Boyd appeared on CNBC earlier to give the outlook for his company going forward. Boyd stated that Priceline is working to expand geographically and increase the number of hotels. Boyd stated that the company had built a significant presence in Asia. Boyd stated that Nothern Europe was performing much better than Southern Europe, and the company was looking forward to a good year. Still, he stated that Priceline's growth rate is likely to slow, but he said this was simply due to the increasing size of Priceline.