A well-known website for arranging travel, KAYAK provides a variety of services to its users. It was established in 2004 and has since grown to become one of the world’s top travel agencies. Travelers can use the company’s platform to look for flights, hotels, rental cars, and vacation packages. KAYAK compiles data from multiple travel websites and offers it to consumers in an intuitive style so they can easily compare costs and reserve the travel plans they want.
Booking Holdings, a publicly traded business, is the owner of KAYAK. Other travel businesses owned by Booking Holdings include Priceline, Agoda, and Booking.com. KAYAK is a subsidiary of a larger publicly traded corporation; it is not a standalone public company. What kind of company is KAYAK?
Travel planning website KAYAK also serves as a metasearch engine. This indicates that it simultaneously searches several travel websites to present customers with the most affordable rates for lodging, transportation, and vacation packages. In order to facilitate the user’s transaction, KAYAK refers them to the relevant website rather than actually making the sale.
KAYAK is a meta search engine, thus yes. To give the customer a thorough list of choices and costs, it searches numerous travel websites. The consumer can do price comparisons and find the best offers for their trip requirements as a result.
KAYAK’s parent business, Booking Holdings, derives money from commissions on reservations booked through its different websites. A commission is received when a user makes a reservation through a Booking Holdings-owned website for an airline, hotel, rental car, or vacation package. The commission percentage varies according to the kind of reservation and the website where it is made.
Yes, KAYAK participates as a third party in the booking of travel. It merely points users to the right website where they may make purchases rather than actually selling any travel-related goods. By gathering data from multiple travel websites and presenting it to the user in an intuitive fashion, KAYAK serves as a mediator. The consumer can do price comparisons and find the best offers for their trip requirements as a result.