The Priceline Group has announced a $550 million dollar acquisition of Momondo, the airfare meta-search engine founded in Copenhagen in 2006.
Anyone who searches for low airline fares from online travel agencies has probably used Momondo.com or should. It is one of the most useful sites for locating airfare deals.
Momondo.com has a strong market base in Europe and will help Priceline in European markets.
Priceline Group has a far larger global share for hotel bookings than Expedia. And now, the combination of Kayak for hotels and Momondo for airfare searches places Priceline Group at the forefront of meta-search.
Priceline Group Companies
Loyalty Traveler – Priceline vs. Expedia–Who is bigger for hotel bookings? (May 8, 2015).
I prefer Google Flights as my primary airfare search tool to track down deals. The ability to quickly scroll through months of fares in Google Flights calendar view is a very powerful feature for my searches.
Once I have located fare dates on Google Flights, then I go to Momondo.com with routes and dates to find even lower fares through online travel agencies.
In the merger and acquisition world, any good travel website is snapped up by one of the major groups of travel websites controlled by Priceline, Expedia and Google.