Trip.com Group Announces International Car Rental Partnership with KAYAK

SHANGHAI,Nov. 26,2019 -- Trip.com Group and KAYAK Asia Pacific today announced a partnership that will see Trip.com car rentals offered on the KAYAK platform in the Asia Pacific region.

The joint announcement was made by KAYAK's Greater China director Joseph Xiao and Trip.com Group Overseas Car Rental Business Head of Product Management Jommas Xu during a visit to Trip.com Group headquarters by a KAYAK delegation. During the visit,the partners also initiated discussions for closer collaboration in the Asia Pacific region,and the launch of Trip.com Group car rental services in the US and Europe.

KAYAK is a leading travel search engine,simultaneously searching hundreds of travel sites and handling 520 million queries across its platforms each month,and serving millions of tourists globally. Bruce Wang,Head of Trip.com Group Car Rental Business,noted that the partnership would play an important role in extending the reach of the company's extensive car rental services overseas. "Since launching overseas car rentals in 2016,and in 2018 on our Trip.com platform,we've seen annual growth of over 300%,and reached a coverage of approximately 200 countries and regions," he said. "We integrate local traffic laws,license requirements,and credit card policies into our overseas rental services,to provide the most seamless experience for customers. In working with KAYAK,we hope to provide our quality car rental services to more travellers across the globe."

Trip.com Group has launched car rental products on its Trip.com platform in English,Traditional Chinese,Korean and Japanese,to date having reached 300,000 days of accumulative vehicle utilisation. The overseas car rental business has maintained three digit growth,and is among the most frequently utilised services on the platform for overseas users,alongside air ticketing,rail ticketing,and hotel reservations.

Car rentals are increasingly important to KAYAK's users,and the partnership with Trip.com Group promises to enrich customer choices,said KAYAK's Greater China director Joseph Xiao. "KAYAK is committed to providing extensive information to travellers," said Xiao. "The demand for overseas car rentals is constantly increasing,and Trip.com Group provides high quality services with wide coverage in this sector. We look forward to working more closely with Trip.com Group in car rentals,to provide more choice to our customers worldwide."

Today's announcement will make available for searching Trip.com car rental services in Greater China,Singapore,Korea and other destinations on KAYAK,among other search engines. The partnership promises to bring together Trip.com Group's high quality car rental products with KAYAK's coverage to better serve more customers globally.

About Trip.com Group Limited:

Trip.com Group Limited is a leading one-stop travel service provider comprising of Trip.com,Ctrip,Skyscanner,and Qunar. Across its platforms,Trip.com Group enables local partners and travelers around the world to make informed and cost-effective bookings for travel products and services,through the aggregation of comprehensive travel-related information and resources,and an advanced transaction platform consisting of mobile apps,Internet websites and 24/7 customer service centers. Founded in 1999 and listed on NASDAQ in 2003,Trip.com Group has become one of the best-known travel brands in the world,with the mission of 'making every trip the perfect trip'.

About KAYAK

KAYAK,part of Booking Holdings (NASDAQ:BKNG),is the world's leading travel search engine. With more than 520 million queries across our platforms each month,we help people find their perfect flight,hotel,rental car,cruise,or vacation package. For more information,visit cn.KAYAK.com

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