Kayak CEO says being number 2 to Google in travel searches is 'not a bad place to be'

Travel is booming, and that means the number of people searching for travel itineraries on metasearch site Kayak is growing. Co-founder and CEO Steve Hafner says interest is rising fastest for premium travel experiences, but most people are still looking for a regular seat in the economy cabin. Kayak depends on advertising for revenue, and Hafner says it's down “a little bit” but the company is still profitable. It faces tough competition from tech giant Google. Hafner spoke recently to The Associated Press about travel demand, his company and competition from Google.