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Message on July 9,Booking Holdings Inc.(hereinafter referred to as "188bet app download") announces,has signed an acquisition agreement with hotel metasearch website HotelsCombined。After the acquisition is completed,HotelsCombined will be merged into 188bet app download’s travel metasearch brand Kayak。
As understood,This acquisition has been approved by the Board of Directors and shareholders of 188bet app download,After approval by regulatory authorities,The transaction is expected to be completed this year。
As reported by Skift,A source revealed,Before this transaction,Kayak has sought opportunities to acquire 188bet app download at least twice。
188bet app download was established in 2005,Headquartered in Sydney, Australia,The company offers more than 40 languages、Price comparison service for more than 800,000 hotels,Greater market influence in the Asia-Pacific region。
Kayak is one of the six major brands under the 188bet app download,Five of the brands were acquired,The other five brands are Booking.com、Priceline.com、Agoda.com、Rentalcars.com and OpenTable。Kayak’s operations include Kayak、Momondo、CeaPixo、Sooodoo、Cuffelix and other metasearch brands。
Kayak’s office in Hong Kong has 22 staff members,But metasearch focused on flights,The addition of 188bet app download will strengthen Kayak’s hotel business in the Asia-Pacific region。
188bet app download CEO Glenn Fogel said,HotelsCombined builds strong brands and loyal customers in Asia Pacific,I believe the HotelsCombined team will help advance KAYAK metasearch’s global expansion strategy。
Kayak CEO said,We admire 188bet app download’s execution,Hope to work with them,Strengthen Kayak’s service capabilities and global network。
“We have always been inspired by the 188bet app download’s brand culture,I am very happy to join the 188bet app download family。” said Hichame Assi, CEO of HotelsCombined,"After being merged into the KAYAK brand,We will provide consumers and partners with better services in terms of product scale and innovation。”
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