Booking.com to Expand Tel Aviv Research Operation
The company plans to hire more people for its local team, and move to offices at a trendy Tel Aviv office tower
In September, Booking.com acquired Israel-based startup Evature, that develops natural language and chatbot technologies for the travel industry. In 2014, Priceline bought Israeli online marketing startup Qlika in a small deal.
Labs, a part of the Teddy Sagi Group, launched its first location in London in 2017, with four locations in Camden Market, High Holborn and Southampton Place. Labs intends to open a second Tel Aviv location in the HTowers project, by the end of 2018.
The Azriel Sarona Labs space is already home to several Israeli travel technology startups. "Booking.com is an obvious addition," said Itai Green, who heads an organization that groups Israeli travel tech companies based at Labs called Israeli TravelTech Community in a statement.
In addition to offering offices for startups and small businesses, Labs also offers bigger spaces to bigger companies.