News: Airbnb is building a flight-booking tool

News: Airbnb is building a flight-booking tool

Airbnb Inc. is developing a service for booking air travel as the home-rental startup looks to compete with Priceline Group Inc. and Expedia Inc. for more of people's online travel spending.

Development of the flight-booking feature is early, and the company is considering various routes to break into the business, said people familiar with the plans. Airbnb may acquire an online travel agency or license data from a provider, such as Amadeus IT Group SA or Sabre Corp., said the people, who asked not to be identified discussing unfinished products. Within the company, the project is simply known as Flights, the people said.

Source: Bloomberg

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