US travel tech company KAYAK opens APAC Headquarters in Hong Kong (with photo)
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KAYAK searches other travel sites to help travellers find information on the right flights, hotels, rental cars and vacation packages. It also offers a variety of travel planning and trip management tools including price forecasts based on historical data and trips, price alerts and itinerary management.
The group started in the US in 2004 and launched in Asia in 2013. It currently has 12 local sites in the region. The President of KAYAK, Mr Keith Melnick, said that the timing of the Hong Kong regional headquarters was a response to "explosive growth" in this part of the world.
"APAC is already on track to becoming the world's largest digital travel sales market next year. That, coupled with the prevalence of smartphones and consumers' voracity for e-commerce, makes this region a great business opportunity for us."
"Hong Kong is at the heart of this fast-growing region. The talent pool of Hong Kong makes it a clear choice for our first office in APAC. Geographically it also makes a lot of sense. KAYAK has 12 local sites in the APAC region and it's important for us to be more connected with our partners there," said Mr Melnick.
Associate Director-General of Investment Promotion Dr Jimmy Chiang lauded KAYAK's choice of Hong Kong. He said, "Hong Kong is an international city connected very conveniently with major markets in the region. KAYAK, like many other international brands setting up regional headquarters in our city, can make good use of Hong Kong’s unique location and manage its regional operations from here with a lot of ease and efficiency."
About KAYAK
KAYAK searches hundreds of travel sites to provide travellers with the information they need to find the right flights, hotels, rental cars and vacation packages. It processes 1.5 billion annual searches for travel information and operates more than 40 international sites in 20 languages. KAYAK is an independently managed subsidiary of the Priceline Group. For more information, please visit: www.kayak.com.hk.
About Invest Hong Kong
InvestHK is the department of the HKSAR Government established in July 2000 to attract foreign direct investment and support overseas and Mainland businesses to set up or expand in Hong Kong. It provides free advice and customised services to help businesses succeed in Hong Kong’s vibrant economy. For more information, please visit www.investhk.gov.hk.
For event photo, please visit: www.flickr.com/photos/investhk/albums/72157676009722206.
Ends/Monday, November 7, 2016
Issued at HKT 11:00
Issued at HKT 11:00
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