July 19, 2018
Expedia says packages are better for hotels than room-only
Hotels are achieving higher average daily rates (ADR) from consumers who book packages rather than just rooms, according to data from Expedia Group.Read more
Booking.com is Booking Holdings’ favored child, but with the addition of HotelsCombined, it is apparent that the parent company still sees plenty of opportunity for its Kayak unit in metasearch worldwide.
Buying UK-headquartered Momondo Group in 2017 for $550 million wasn’t enough for Booking Holdings as it announced Monday that it is acquiring Sydney, Australia-based HotelsCombined.
Like Momondo, HotelsCombined will become part of Booking Holdings’ Kayak unit, expanding the metasearch unit’s presence in Asia Pacific.
Kayak has 22 people working out of a Hong Kong office but they are mostly focused on flight metasearch. The HotelsCombined deal strengthens Kayak in hotels and in Asia Pacific.
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