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Kayak co‑founder and long‑time CEO Steve Hafner is stepping down after 22 years, Booking Holdings said in an announcement on Feb. 3-4, 2026.
Hafner will become executive chairman of Kayak and take on a newly created, Booking‑wide role focused on advancing artificial intelligence innovation.
Peer Bueller, Kayak’s CFO since 2016 and COO since 2021, has been named Kayak CEO. Booking Holdings praised Hafner’s role in pioneering travel metasearch and expanding Kayak’s global footprint since the company’s 2004 founding and its 2013 acquisition by Booking.
The change follows a difficult period for Kayak inside a shifting search and AI landscape: Booking took a $457 million writedown on Kayak in October 2025 amid rising competition from Google’s search features and generative AI. Skift reported Hafner had explored taking Kayak private late last year, a plan rejected by Booking CEO Glenn Fogel.
Bueller said he will focus on product, user experience and commercial growth, including Kayak for Business, as the company pursues opportunities in a changing travel‑tech market.
🔗 Based On
Travel Weekly | Voice of the Travel Industry, Hotels & DestinationsKayak CEO Steve Hafner steps down
Travel News, Airline News and Hotel News by SkiftSteve Hafner’s 22-Year Run at Kayak: Skift Timeline
Travel Weekly | Voice of the Travel Industry, Hotels & DestinationsKayak CEO Steve Hafner steps downAfter more than two decades leading the metasearch engine, Hafner is handing the reins to CFO and COO Peer Bueller.













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