Priceline has been avoiding to become the traditional Travel Management Company such as Amex Global Business and Carlson Wagonlit and instead decided to focus on the more scalable/profitable opportunities in the consumer segment, given the higher margin profile associated with Bookings.com and the growing competition amongst the leading TMCs. More important, the economics of corporate travel does not justify the effort, given their lower blended revenue and lower segment EBITDA, judging by the recent growth in Expedia's Egencia corporate travel segment due to lower take rate and higher expenses. However, Priceline appears to be shifting focus in recent months with the launch of Bookings.com for Business about a year ago and the subsequent press release that 20% of PCLN's gross booking was for business, suggesting increased interest in this segment. Get the full story at Seeking Alpha