NORWALK, Connecticut., December 30, 2021 / PRNewswire / – Booking Holdings Inc. (NASDAQ: BKNG) today announced that it has completed its previously announced plan to acquire Getaroom from Court Square Capital Partners for approximately $ 1.2 billion. Getaroom is a B2B distributor of hotel rooms and will integrate the Priceline brand from Booking Holdings to form a new business unit of strategic partnerships with the Priceline partner network.
âBy combining the technology and expertise of Getaroom and Priceline, we believe we can increase value for hotels and affiliate partners,â said Brett Keller, CEO of Priceline. âWe are delighted to welcome Getaroom to the Priceline family and look forward to learning from each other to better support our partners. “
Getaroom will remain based in Dallas and current CEO, Matt davis, will lead Priceline’s new Strategic Partnerships business unit.
About Booking Holdings
Booking Holdings (NASDAQ: BKNG) is the world’s leading provider of online travel and related services to consumers and local partners in more than 220 countries and territories through six primary consumer brands: Booking.com, Price line, Agoda, Rentalcars.com, KAYAK and Open table. Booking Holdings’ mission is to make it easier for everyone to discover the world. For more information visit BookingHoldings.com and follow us on Twitter @BookingHoldings.
Getaroom is a B2B-focused hotel room distributor, serving primarily leisure travelers in or to North America. Getaroom’s mission is to simplify the complexity and costs of global distribution for hotels and to offer a one-stop-shop solution for partners around the world who want to deliver a hospitality experience to their members, employees or customers.
SOURCE Booking Holdings Inc.