Booking Holdings Completes Acquisition of HotelsCombined

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 StatementsThis 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, "may," "will," "should," "could," "expects," "plans," "anticipates," "intends," "believes," "estimates," "predicts," "potential," "targets," or "continue," reflecting something other than historical fact are intended to identify forward-looking statements.  A detailed discussion of other some of the factors that could cause the Company's actual results to differ materially from those described in the forward-looking statements can be found in the Company's most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission and any subsequently filed Quarterly Reports on Form 10-Q. Unless required by law, the Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

About Booking Holdings                                           Booking Holdings (NASDAQ: BKNG) is the world's leading provider of online travel and related services, provided to consumers and local partners in over 220 countries and territories across Europe, North America, South America, the Asia-Pacific region, the Middle East and Africa in over 40 languages. The mission of Booking Holdings is to help people experience the world.

For more information, visit Bookingholdings.com and follow us on Twitter @BookingHoldings.

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SOURCE Booking Holdings