The FINANCIAL — TripAdvisor and The Priceline Group on October 14 announced a strategic partnership whereby some of The Priceline Group’s online travel brands will participate in TripAdvisor’s instant booking platform.
Within The Priceline Group, Booking.com will be the first brand to implement the partnership through its global network of accommodations, and in time, Priceline Group brands priceline.com and Agoda.com are likely to list inventory on the platform. Development work has already begun to support the integration of Priceline Group hotel properties, which are expected to be available on the instant booking platform soon, according to TripAdvisor.
“Having The Priceline Group join the instant booking platform is a huge win for travelers and we couldn’t be more thrilled to have them as our first strategic, global online travel agency partner,” said Stephen Kaufer, president and CEO of TripAdvisor. “Millions of TripAdvisor users coming to the site to plan, compare prices and book their trip will be able to instantly book options from The Priceline Group’s global hotel inventory in addition to the 235,000 properties that are already instantly bookable on TripAdvisor.”
“TripAdvisor has been a long-time partner of The Priceline Group and today’s announcement is part of the continued positive evolution of that relationship,” said Darren Huston, President and CEO of The Priceline Group. “Our mission is to help people experience the world, and we are constantly innovating how and where we engage with consumers to help them do this. We now believe this branded channel can help introduce more customers to our brands and the experiences we provide.”
TripAdvisor first launched its instant booking platform to U.S. consumers in June 2014, with a gradual roll out to other international markets expected over time. The platform provides a seamless and efficient hotel booking experience for travelers.