Kayak-Priceline deal validates evolution of meta model, but Skyscanner rules out immediate IPO
Kayak’s exit to Priceline and Skyscanner’s bold growth strategy illustrate that metasearch model, the new kid on the block, has grown up quickly.
Two years is an awfully long time in travel technology, especially considering how quickly the landscape has changed in the flight metasearch end of the industry.
In the autumn of 2010, Google was still waiting for approval from the US authorities for its acquisition of ITA Software, let alone having launched anything.
Meanwhile, Priceline‘s $1.8 billion acquisition of Kayak was, for some, an idea being saved for a list of April Fool’s puns and Expedia still had the media beast TripAdvisor as part of the portfolio.