TheTourAttraction.com aims to provide the latest global travel and free travel news, travel and visa policies, and flight information. We hope to provide insights into tourism market, technology and development trends with everyone by providing the latest relevant information. Despite the raging COVID-19 epidemic in 2020, we always firmly believe that mankind will overcome the disease and the tourism market will definitely recover. TheTourAttraction.com look forward to your attention and support, and witness the development of the global tourism industry with us. Looking forward to the information TheTourAttraction.com provide can help you. We will continue to follow up and obtain the latest data, and look forward to your attention and support.
The following is the [Travel News]: Priceline buys travel startup Flyiin for its airfare sales tech from [Skift] recommended by TheTourAttraction.com:
Flights business remains an important strategic component of the Connected Trip vision across Booking Holdings.
Priceline has acquired Flyiin, a travel startup whose business-to-business services help airlines sell their airfares through travel agencies, Skift has learned.
The companies didn’t disclose the deal terms. Flyiin, based in Berlin, had raised only USD 2.7 million (€2.4 million) since its founding in 2015.
“It’s a small acquisition connected to building out our flights’ strategy globally across Booking Holdings,” said Leslie Cafferty, a spokesperson for Bookings Holdings, the U.S.-headquartered owner of Priceline and other brands, such as Booking.com, Kayak, and Agoda.
The Flyiin name will go away. Priceline will integrate the startup’s half-dozen employees into its flight product and engineering teams. The team will focus on flight search, booking, payment, and servicing. Priceline has advertised for five engineering positions to support scaling up the technology’s application.
“Our flights business remains an important strategic component of our Connected Trip vision across Booking Holdings,” said Christina Bennett, a spokesperson for Priceline, referring to the company’s strategy of offering a full array of products along with a payments’ platform.
“With the acquisition of Flyiin, we will be able to leverage their technology to help onboard new flight partners even more efficiently,” Bennett said.