Online travel entity Expedia, inc. (EXPE), whose big competitor in the space is Priceline.com (PCLN), posted fourth-quarter data (this link opens to a .pdf file) on Thursday. Judging by the growth presented in the release, I believe one can say the company is executing its strategies pretty well.

Revenues increased 12%. Unfortunately, the margin on that revenue dipped. On the other hand, let's not forget that adjusted earnings expanded by over 30% to 30 cents per share. According to Reuters, analysts wanted 29 cents per share. Yep, it's the proverbial beat-by-a-penny scenario.

Priceline.com (NASDAQ: PCLN), a web-based booking business that fights it out with Expedia (NASDAQ: EXPE), was red-hot during yesterday's session. Shares closed higher by 14%. Volume rocked. The Q2 numbers were strong, and the market rewarded the results without hesitation.

Revenues increased 17%. According to TheStreet.com, adjusted profit of $2.02 per share walloped estimates. Wall Street was only booked for $1.79 per share. The analysts really missed this one. It's understandable, though. Whether we're close to the end of a recession or not is debatable, and I'm sure they wanted to be conservative with the models.

Priceline.com (NASDAQ: PCLN), an online booking concern that competes with Expedia (NASDAQ: EXPE), reported Q1 earnings on Monday. The stats were all right, I have to say.

Revenues increased over 14%. According to this article, earnings on an adjusted basis came to $1.09 per share. Analysts were looking for 93 cents per share. Year-ago adjusted income was 76 cents per share, according to the press release. Priceline not only expanded its bottom-line income, but it increased its net cash from operations. That figure went up by a nice 71%. Gross travel bookings as a whole jumped by over 10%. They did even better in the U.S. market.