Agoda

Last updated

Agoda Company Pte.
Agoda logo 2019.svg
Type of business Subsidiary
Type of site
Travel and accommodation
Founded Singapore in 2005;19 years ago (2005)
Headquarters Singapore
Area servedGlobal
Founder(s) Robert Rosenstein (co-founder)
Michael Kenny (co-founder)
Key peopleOmri Morgenshtern (CEO)
John Wroughton Brown (Chairman)
Idan Zalzberg (CTO)
Damien Pfirsch (CCO)
Thi-Mai-Linh Bui (CFO)
Products Travel agency
Metasearch engine
Parent Booking Holdings
URL www.agoda.com

Agoda.com is an online travel agency catering to customers around the world, registered and headquarters in Singapore with operations in Bangkok, Thailand. [1] Agoda facilitates reservations for accommodation, flights, ground transportation, and activities. It is a subsidiary of Booking Holdings. [2] [3] [4] [5]

Contents

History

Agoda was co-founded in Phuket in 2005 by school friends Michael Kenny and Robert Rosenstein. Kenny had previously launched PlanetHoliday.com and PrecisionReservations.com, which were incorporated into Agoda. [6]

In 2007, Agoda was acquired by Booking Holdings, formerly The Priceline Group. [7]

Agoda launched iOS and Android mobile apps in July 2011. [8] [9] [10]

After Booking Holdings acquired Israel-based startup Qlika in 2014, the Qlika team joined Agoda to automate and scale its marketing systems. [11] In November 2014, the company opened a research center in Tel Aviv. [12]

In May 2016, Booking Holdings acquired Taipei-based startup WooMoo, the creator of POP, a mobile app that focused on prototyping. Its team relocated to Bangkok. [13] [11]

In May 2018, CEO and co-founder Rob Rosenstein became the chairman of Agoda and a strategic advisor to Booking Holdings. John Wroughton Brown, the COO, was promoted as the new CEO of Agoda, with Chief Product Officer Omri Morgenshtern, who joined the company as part of the Qlika acquisition, named as the new COO. [14]

In November 2018, Agoda launched airport transfers via a partnership with Mozio. [15]

In September 2019, Agoda launched a brand refresh including a new logo, custom font, and cartoon mascots called Agojis based on the circles in the logo. [16]

In October 2019, flight bookings were introduced. [17]

In November 2019, Agoda launched B2B products including a white-label platform. [18]

In May 2020, Agoda announced the layoffs of 1,500 people due to the COVID-19 pandemic. [19]

In June 2022, John Brown left the position of CEO, with then-Chief Product Officer Omri Morgenshtern becoming the new CEO. [20]

In April 2017, the Tourism Minister of Thailand called for Agoda among others to drop illegal and unregistered hotels. [21] Agoda was the primary company criticized, and its success is part of what led the Ministry of Tourism & Sports to create a competitive hotel booking website. [22] In 2018, Agoda cooperated with the Taipei City Government's request to remove illegal and unregistered Taipei hotels from its listings. [23] Agoda faced legal action from the Turkish Travel Agencies Association due to alleged unfair competition. [24] It faced a potential ban as part of this lawsuit. [25]

In October 2017, Agoda, among other hotel sites, was subject to a probe by the Competition and Markets Authority in the United Kingdom. The probe was related to "concerns about hidden charges, pressure selling tactics, misleading discount claims and the order in which results appear on the site pages." Agoda agreed to change how it operates in response to this probe. [26] [27]

In December 2017, Agoda initially refused to give a refund to a customer that booked a non-existent hotel. Agoda eventually paid a refund following a fraud complaint filed with the Thai government. [28]

In 2019, Agoda was criticized for difficulties with customers removing their homes from the website. The customers cited customer service issues. [29]

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References

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  28. Itthipongmaetee, Chayanit (December 7, 2017). "WOMAN BLAMES BAD CLICK FOR 150,000B BANGKOK HOTEL BILL. THEN HER STORY GOT WEIRDER". Khaosod .
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