posted a higher-than-expected quarterly profit on Thursday as bookings increased. Bookings, the value of all travel services purchased, rose nearly 38 percent to $10.8 billion. The company also said that Darren Huston, chief executive of its biggest unit B.V., would become president and CEO of on January 1. Current Priceline CEO Jeffery Boyd will stay on as chairman of the board, Priceline said. "We feel like we're gaining share in major distribution channels and performing very well in that environment," Boyd said in an interview. He also said the travel research channel was getting more competitive. Get the full story at Reuters, Skift and Priceline