Booking Holdings Launches Vayo, a New AI Travel Agent, with $100 Million Planned Investment in Private Beta Phase
✈️ Booking Holdings launched Vayo on October 14, 2026, with a $100 million investment plan. Based in Seattle, Vayo, led by CEO Mike Fridgen, reads travel confirmations and monitors bookings for price changes. It's currently in private beta, open by invitation. A study on 2 million bookings at 327 Mallorca hotels shows that a €10 price drop increases cancellation likelihood by 4.7%. Vayo targets frequent leisure travelers responsible for 27%-30% of travel spending.
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