Does Priceline Own Booking.com?

Priceline recently acquired Booking.com. Does this mean that they now own Booking.com?

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Introduction

No, Priceline does not own Booking.com. While the two companies are both in the business of helping people find travel deals, they are completely independent of each other.

What is Priceline?

Priceline is a travel company that offers a wide range of travel-related services, including hotel reservations, rental cars, and vacation packages. Priceline is headquartered in Norwalk, Connecticut and is a publicly-traded company. Booking.com is a subsidiary of Priceline.

What is Booking.com?

Booking.com is a travel fare aggregator website and travel metasearch engine. The website is owned by Priceline. It offers hotel rooms, airline tickets, vacation packages, and other travel-related services.

Does Priceline Own Booking.com?

Priceline.com, now known as the Priceline Group, is a publicly-traded company that owns several online travel brands, including Booking.com, Kayak, and OpenTable.

The Priceline Group was founded in 1997 by Jay S. Walker under the name of WebHouse Club. In 1998, the name was changed to Priceline.com. At first, the company only sold airline tickets, but soon expanded to include hotel rooms and rental cars. In 2005, the company underwent a major rebranding and changed its name to the Priceline Group.

Today, the Priceline Group owns a number of well-known travel brands in addition to Booking.com, including Kayak, OpenTable, Agoda, and Rentalcars.com. The group also owns several smaller travel brands like Momondo and Cheapflights.

How Do They Compare?

While Priceline and Booking.com are both travel booking websites, they are actually owned by different companies. Priceline is owned by The Priceline Group, while Booking.com is owned by Priceline’s main competitor, Expedia.

Priceline and Booking.com offer similar services, but there are some key differences between the two. For one, Priceline is focused more on air travel, while Booking.com specializes in hotel bookings. Additionally, Priceline offers a “Name Your Own Price” feature that allows users to bid on airfare and hotel rooms, while Booking.com does not have this feature.

So, while Priceline and Booking.com are both owned by different companies, they are both excellent resources for booking travel accommodations. If you’re looking for the best deals on airfare, then Priceline is a good option to check out. However, if you’re interested in finding the best deals on hotels, then Booking.com is likely a better choice.

Which One Should You Use?

Booking.com and Priceline are both owned by the same company, so it doesn’t really matter which one you use. They are both websites that allow you to book hotels, flights, and rental cars.

Conclusion

The short answer is no, Priceline does not own Booking.com. However, the long answer is a bit more complicated. In 2005, Priceline acquired Booking.com for $1.8 billion. At the time, Booking.com was a small, Europe-based startup with 30 employees. Today, Booking.com is one of the world’s largest travel sites with over 1,500 employees in offices around the globe. In 2014, Priceline spun off Booking.com as a standalone company in an effort to increase its transparency and accountability to shareholders. However, Priceline remains the majority shareholder in Booking.com with a 77% stake in the company.

References

Booking.com is a travel fare aggregator website and travel metasearch engine owned and operated by United States-based The Priceline Group.

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