Articles tagged “kayak”

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.

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 Begins Advertising on U.S. Television Again

In mid-2015 Kayak opted to go dark on U.S. TV and to put more investment into broadcast advertising in Europe. Companies have to make such hard choices sometimes. Kayak's Hafner claims, however, "the sky didn't fall" in the U.S., although one could surmise that Google Flights is "knock-knock-knockin' on heaven's door."

Expedia Turns to Amazon Alexa for Its First Attempt at Voice Search

When it comes to new tech platforms and technologies such as voice-activated search with Amazon Alexa, the advantage, in the short term, goes to the big travel tech and marketing companies, including online travel agencies and metasearch companies, because they have the engineering staff and other resources to address these disruptions.

Exclusive: Ctrip CEO on How It Moved In to Buy Skyscanner

Ctrip didn't acquire the largest metasearch engine in Skyscanner but one that is very strong in Europe. Ctrip will now turn Skyscanner into a flight-booking site and will also focus Ctrip on growing domestically, in greater China and Southeast Asia first.

New Skift Trends Research: 2017 Outlook on Metasearch in Travel

Slim margins and complex technology have turned travel metasearch into a contact sport. Identifying the winners and losers in this space takes a keen understanding of the economics and mechanics that power these businesses. Luckily, we've produced the definitive resource for understanding and forecasting the trend lines.