Amadeus, a leading travel technology partner and transaction processor for the global travel and tourism industry, and KAYAK, a leading travel search company, today announced that they have entered into a multi-year agreement that expands the companies’ current relationship.
As a result of this new agreement, KAYAK will expand the use of Amadeus’ airline fare and availability technology in its efforts to provide the most comprehensive and accurate flight search results for KAYAK’s global websites and mobile applications. Terms of the agreement were not disclosed.
“Amadeus has been a valued partner of ours since 2006 and has helped KAYAK achieve greater efficiencies with our global search services by utilizing Amadeus’ innovative Meta Pricer platform,” commented Keith Melnick, Chief Commercial Officer, KAYAK. “We are pleased to be expanding our relationship and look forward to continued collaboration with the Amadeus team.”
“Our partnership over the years with KAYAK, in addition to our extended agreement today, showcases further evidence of Amadeus’ ongoing, significant role at the core of technology and travel, specifically for metasearch and online travel. We have focused heavily on innovation to bring value to KAYAK and its online customers on a daily basis, and we look forward to the next stage of expanded relationship,” stated Holger Taubmann, Senior Vice President Distribution, Amadeus worldwide.
Since 2006, Amadeus has provided KAYAK with advanced global search capabilities based on its Meta Pricer platform. Amadeus Meta Pricer is a solution for travel metasearch companies that enables them to efficiently and quickly retrieve and return airline fares and availabilities to their users, while also reducing both travel search company and airline website operation costs.
“As a leading and growing innovator in online travel, KAYAK’s selection of Amadeus as a technology partner is a testament to the focus and investment which we have made in our online search solutions for North America and on a global basis,” said Scott Gutz, President and CEO, Amadeus North America.
Notes to the editors
KAYAK is a technology company providing free travel tools through its global websites and mobile applications. KAYAK allows users to easily research and compare accurate and relevant information when searching for flights, hotels, car rentals, and vacations from hundreds of other travel websites in one comprehensive, fast, and intuitive display. KAYAK’s travel management service (kayak.com/trips) allows users to easily consolidate their booking information into one simple itinerary. KAYAK operates websites in 14 countries outside of the U.S., including Germany, the United Kingdom, France, Spain, and Italy, and offers the #1 free travel app available on iPhone, iPad, Android, Windows Mobile 7 and Nokia devices.
Visit KAYAK.com to learn more.
Amadeus is a leading transaction processor and provider of advanced technology solutions for the global travel and tourism industry.
Customer groups include travel providers (e.g. airlines, hotels, rail, ferries, etc.), travel sellers (travel agencies and websites), and travel buyers (corporations and individual travelers).
The group operates a transaction-based business model and processed more than 947 million billable travel transactions in 2011.
Amadeus has central sites in Madrid (corporate headquarters), Nice (development), and Erding (operations – data processing center) and regional offices in Miami, Buenos Aires, Bangkok, and Dubai. At a market level, Amadeus maintains customer operations through 73 local Amadeus Commercial Organizations covering 195 countries.
Amadeus is listed on the Madrid, Barcelona, Bilbao, and Valencia stock exchanges and trades under the symbol “AMS.MC”. For the year ended December 31, 2011, the company reported like-for-like revenues of €2,712 million and EBITDA of €1,039 million. The Amadeus group employs around 10,000 people worldwide, with 123 nationalities represented at the central offices.
To find out more about Amadeus, please visit www.amadeus.com.
To visit the Amadeus Investor Relations center, please visit www.investors.amadeus.com.