Travel group Booking is launching the new company Vayo and plans to invest $100 million in the business. Vayo is developing an AI-powered personal travel assistant to help users plan and manage trips.
The service collects bookings from various platforms, monitors prices and identifies how, for example, flight changes affect hotel check-ins and other reservations.
Vayo will initially launch in a private beta version with free access by invitation, primarily aimed at people who travel frequently. The company also plans to introduce direct bookings, a mobile app and features for collaborative trip planning in the coming months.
Vayo will work with bookings from both Booking’s own brands, including Booking.com, Agoda and Kayak, and external travel providers.
