Articles tagged “cheapflights”

Media and PR

13 Big Winners in Travel Advertising at Cannes Lions 2017

The big lesson here is that digital first is the future.

13 Big Winners in Travel Advertising at Cannes Lions 2017

Online Travel

Momondo Group Is Still Spending Big to Fund Expansion

The Momondo Group knows it has to spend big to catch up with the competition. Its growth caught the attention of the Priceline Group, which will be hoping the acquisition, if approved by regulators, will help boost its European metasearch operation.

Momondo Group Is Still Spending Big to Fund Expansion

Online Travel

Priceline Buys Momondo for $550 Million to Expand in Europe

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.

Priceline Buys Momondo for $550 Million to Expand in Europe

SkiftX

Kayak Is Shopping for a Metasearch Acquisition in Europe

It's clear there is going to be further consolidation in online travel in Europe after Ctrip swooped in and acquired Skyscanner. Momondo would be a nice addition – not a game-changer for Kayak – and a deal could happen if the number-crunchers on both sides have a meeting of the minds.

Kayak Is Shopping for a Metasearch Acquisition in Europe

Online Travel

Momondo Group Makes Changes at Cheapflights Operation

Momondo Group looks like it is working out some of the duplication from the 2011 merger of Cheapflights and its Danish rival, Momondo.

Momondo Group Makes Changes at Cheapflights Operation

Online Travel

Momondo Group Notches $30 Million in Q1 Revenue, Thinks It’s Entered Top Tier

Momondo Group is still a relatively small fish in a big pond when measured against the larger, global metasearch players. Still, the Group, with its dual-brand approach and increased investment, is obtaining some scale -- 95 million visits during the first quarter of 2016 -- and is becoming part of the conversation.

Momondo Group Notches $30 Million in Q1 Revenue, Thinks It’s Entered Top Tier

SkiftX

Expedia Hopes Orbitz Acquisition Will Help It Sell More Flights

Building an online flight business, with all of the inherent complexities, is very difficult work. Expedia Inc. is going to throw some more money at it, and it can make gains while providing an additional differentiator from Booking.com, which offers lodging only.

Expedia Hopes Orbitz Acquisition Will Help It Sell More Flights

Online Travel

Cheapflights Owner Momondo Group Gets $130 Million in Funding from Great Hill

Momondo Group is now controlled by Great Hill Partners, which has a track record in taking companies public. That is a possible exit strategy for Momondo Group, although with Skscanner's valuation dwarfing Momondo's, the latter still has a long way to go.

Cheapflights Owner Momondo Group Gets $130 Million in Funding from Great Hill

Online Travel

Interview: The Indie Airfare Deals Site That Has Flight Geeks Talking

There is definitely something to be said for hand-picked, curated airfare deals, and The Flight Deal is finding a niche. How much the site expands beyond the FlyerTalk crowd is another question.

Interview: The Indie Airfare Deals Site That Has Flight Geeks Talking

SkiftX

Cheapflights Parent Momondo Group Hires Banker For Possible Sale

Momondo officials are quick to point out that the Momondo Group is doing well, is seeking an investment, and that retaining strategic advisors is not a sign of weakness, but such a motivation is not out of the question when any company mulls strategic alternatives.

Cheapflights Parent Momondo Group Hires Banker For Possible Sale