Cheapflights Media is adopting the name of its
Danish travel search site subsidiary, momondo, as the company’s
new corporate identity.
The decision reflects the company’s long-term
strategy to further develop its geographical presence in
non-English speaking markets, and to build the momondo brand to
help the group expand into future new products.
The company
has also established a presence in South
Africa with cheapflights.co.za. The new launch builds on the early
success of its dedicated Australasian site, cheapflights.com.au, which has seen more than a 50% growth in
sales and visitor numbers over the past year. The international
expansion of the momondo brand also continues at pace with the
launch of a Romanian site momondo.ro.
The
newly-rebranded company is further strengthening its Board with
the appointment of Thorvald Stigsen, Founder of momondo and its
b2b technology precursor, Skygate Media. He has over 20 years’
travel Industry, technology and entrepreneurial expertise.
Thorvald Stigsen, momondo founder and
momondo Group Board member, said, “It’s extremely exciting to join
the Board and be part of momondo’s expansion. I love the core
vision of the company – that an open world is a better place – and
I believe we can democratise travel with our comprehensive search.
The group has an incredible momentum and the travel space offers
so many opportunities. It’s great fun.”
The parent
company, momondo Group, will continue to be based in London with
the Danish meta-search operation retaining its base in Copenhagen.
The group will maintain its complementary brand strategy.
Hugo Burge, CEO momondo Group, said, “The Cheapflights name has high levels of recognition
and resonance amongst users in our established English-speaking
markets, where we will continue to invest for growth. But as we
move forward into new, non-English speaking markets we relish the
opportunity to develop the momondo brand; a name which will also
enable the group to introduce a broader palette of useful tools to
help travellers everywhere.”
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