Booking Holdings Completes Acquisition of Hotelscombined
Booking Holdings Completes Acquisition of HotelsCombined December 3, 2018 NORWALK, Conn., Dec. 3, 2018 /PRNewswire/ -- Booking Holdings (NASDAQ: BKNG) today announced that it has successfully completed its previously announced plan to acquire hotel metasearch site HotelsCombined. With a strong presence in APAC and thousands of active affiliates worldwide, HotelsCombined will report into Booking Holdings' leading travel metasearch brand, KAYAK. "We've admired HotelsCombined and their nimble, entrepreneurial culture for years. We are thrilled to welcome them to the KAYAK team and have them as part of our portfolio of brands," said Glenn Fogel, CEO of Booking Holdings. "Adding HotelsCombined to KAYAK's portfolio of brands will help us reach more travelers globally and strengthen our hotels product," said Steve Hafner, CEO of KAYAK. HotelsCombined was founded in 2005 and is based in Sydney, Australia with more than 150 employees. Information About Forward-Looking Statements This press release contains forward-looking statements, which reflect the views of the Company's management regarding current expectations and projections about future events and are based on currently available information. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and assumptions that are difficult to predict; therefore, actual results may differ materially from those expressed, implied or forecasted in any such forward-looking statements. Expressions of future goals and similar expressions including,
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