News from Travel Technology Update: Kayak, the travel meta search company, is moving closer to becoming an online travel agency through a new deal with Travelocity. Under the agreement, Travelocity Partner Network will power Kayak's new hotel booking engine. The deal will for the first time enable bookings on the Kayak site, which previously referred all transactional activity to is partner supplier sites. Financial terms of the agreement were not disclosed. The move could ...

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