As a growing company with global ambitions and a $3 billion stockpile, Airbnb wants to buy stuff. You can expect that more acquisitions are on the way as Airbnb expects to branch out into related sectors.
Expedia poured money into Trivago marketing at a loss. Current Priceline Group CEO Glenn Fogel just spent $550 million on helping Kayak grow. Does this mean he’s going to open the bankroll even further to assist Kayak-Momondo in its expansion?
Overtourism is a growing problem, so it's heartening to see Booking.com taking on the problem of sustainability in an innovative way. That said, it's still too early to tell if this is a genuine commitment to sustainability, or just a "feel-good" move to create PR headlines.
The acquisition of the Momondo Group is the Priceline Group's largest since buying OpenTable -- and subsequently having to take a write down -- in 2014. Through the acquisition, Kayak gets a strong brand in parts of Europe and ensures that no other rivals step in to take Momondo away from it.
AccorHotels' investments in the sharing economy continue to expand, and as the only major global hotel company investing so directly into the alternative accommodations sector, the company seems well positioned to adapt and grow with this "new normal" in the lodging space.