Booking Holdings snaps up metasearch site HotelsCombined
Metasearch site HotelsCombined is joining the sprawling Booking Holdings portfolio of brands.
The Australia-based site is being acquired for an undisclosed sum and will be absorbed into the company under the management of its existing metasearch brand Kayak.
The purchase will then give Kayak a significant presence in Asia Pacific.
"HotelsCombined has built a strong brand with loyal consumers across APAC, and we believe the team will be a great addition as we expand our worldwide meta-search strategy," said Glenn Fogel, CEO of Booking Holdings.
"We’ve always been inspired by the entrepreneurial culture of Booking Holdings brands," added Hichame Assi, CEO of HotelsCombined.
"Operating under the Kayak umbrella will strengthen our proposition to both customers and partners with greater scale, product breadth and innovation."
HotelsCombined was founded back in 2005 and the acquisition has been green-lighted by HotelsCombined’s board of directors and stockholders.
The transaction is expected to close later this year.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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