Articles tagged “edreams Odigeo”

Why Online Travel Agency eDreams Odigeo Couldn’t Find a Buyer at Its Price

Why Online Travel Agency eDreams Odigeo Couldn’t Find a Buyer at Its Price

Patrick Whyte, Skift

Not surprisingly, the CEO is backing his own turnaround plan, but he’ll have to deliver if the company is ever going to live up to its lofty IPO.

9 months ago

eDreams Odigeo Shows Its Turnaround Is No Quick Fix

eDreams Odigeo Shows Its Turnaround Is No Quick Fix

Sean O'Neill, Skift

The dream of being a turnaround artist who swoops into a distressed company to restore growth is appealing to many people. But CEO Dana Dunne is finding that the turnaround of eDreams Odigeo that he has been pursuing since 2015 is a long hard slog.

1 year ago

eDreams Odigeo Looks to a Future With More Transparency

eDreams Odigeo Looks to a Future With More Transparency

Patrick Whyte, Skift

No matter the motive, being more transparent is a good move for eDreams Odigeo. The big problem is time. How long will it take for the new strategy to pay off, and will investors give the management team breathing room to make the required changes?

1 year ago

New Packaged Vacations Law in Europe Causing Confusion

New Packaged Vacations Law in Europe Causing Confusion

Patrick Whyte, Skift

Despite the travel industry having had years to get used to the idea of new rules governing the sale of vacations in the European Union, there are still plenty of people still scratching their heads over the changes.

1 year ago

On the Beach Discovers the Complexities of International Expansion

On the Beach Discovers the Complexities of International Expansion

Patrick Whyte, Skift

On the Beach’s careful approach to expansion shows just how difficult it can be to grow in foreign source markets. Europe isn’t one big country and if you don’t make acquisitions, expansion can be a tedious process. But one of those acquisitions might just be the one that pays off in the long term.

2 years ago

eDreams Odigeo Gives Up on Its Sales Process

eDreams Odigeo Gives Up on Its Sales Process

Patrick Whyte, Skift

It sounds like the potential buyers didn't accept the company's new strategy — or the buyers weren't willing to pay enough. Regardless, while it's certainly a risk, eDreams Odigeo is doing the right thing in diversifying its business and improving price transparency.

2 years ago

eDreams Odigeo Sale Attracts Private Equity Interest

eDreams Odigeo Sale Attracts Private Equity Interest

Patrick Whyte, Skift

At this stage, we're not exactly sure why eDreams Odigeo might interest Skyscanner/Ctrip. A private equity buyer would seem much more likely.

2 years ago

eDreams Odigeo to Explore Sale After Attracting Interest From Potential Investors

eDreams Odigeo to Explore Sale After Attracting Interest From Potential Investors

Patrick Whyte, Skift

Under current CEO Dana Dunne, eDreams Odigeo has been going through something of a turnaround, swapping years of losses for profit. At this stage we don't know the identity of the potential buyer(s) or what they want to do with the business.

2 years ago

Interview: eDreams Odigeo CEO Touts the Road Back From Post-IPO Nightmare

Interview: eDreams Odigeo CEO Touts the Road Back From Post-IPO Nightmare

Sean O'Neill, Skift

In his first Q&A with Skift, eDreams Odigeo CEO Dana Dunne says the travel company has made large gains since he took it over a couple of years ago. True. But more changes are needed before a conglomerate such as Ctrip would seriously consider buying it.

3 years ago

eDreams Shuffles CEOs and Appoints Philip Wolf as Chairman

eDreams Shuffles CEOs and Appoints Philip Wolf as Chairman

Dennis Schaal, Skift

When your stock price falls to around one euro per share, as eDreams Odigeo's did last year, then even the company's founder has to make an exit.

5 years ago

Swiss Booking Site Bravofly Cites Increased Competition After IPO

Swiss Booking Site Bravofly Cites Increased Competition After IPO

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

IPO-Bound eDreams Odigeo Wants to Be the Booking.com of Flights

IPO-Bound eDreams Odigeo Wants to Be the Booking.com of Flights

Dennis Schaal, Skift

If you are sick of hearing about hotels, hotels, hotels, then eDreams Odigeo is refreshing in its contrarian thinking and business assumptions. Can it build a high-growth business out of it all? That is very much an open question.

6 years ago