Dennis Schaal, Skift
Sabre acquired the once-proud brand, Lastminute.com, for nearly $1.2 billion in 2005 -- and now is selling it for about one-tenth of the initial acquisition cost. Sabre bungled the Lastminute.com acquisition and integration and now it is finally unloading the company after years of trying so Sabre can get rid of a profit drain and focus on its core businesses.
5 years ago
Jan-Henrik Forster, Bloomberg
Online travel agencies in Europe are competing on price. There's a novel idea. Competing on more than price has been a well-worn rallying cry, but often doesn't seem to work.
5 years ago
Jan-Henrik Förster, Bloomberg
Although it's not the U.S. Stock market, Bravofly's debut will still make travel companies considering an IPO think hard about their timing.
5 years ago
Jan-Henrik Foerster and Carolyn Bandel, Bloomberg
It is indeed good times to be doing an online travel booking IPO in Europe. First EDreams Odigeo, now Bravofly, is Skyscanner coming on to the market next?
5 years ago