Articles tagged “lastminute.com”

Lastminute.com Goes After TUI With Vacation Push

Lastminute.com Goes After TUI With Vacation Push

Patrick Whyte, Skift

While traditional tour operators might not offer the flexibility that Lastminute.com does with its package vacations, they do have an advantage in terms of exclusivity.

4 months ago

Oral History: Ebookers and LastMinute Deals Showed Mergers Can Be a Blood Sport

Oral History: Ebookers and LastMinute Deals Showed Mergers Can Be a Blood Sport

Dennis Schaal, Skift

When mergers go awry, it isn't always merely because the acquired company was a dog. Sometimes the purchaser likewise screws the whole thing up.

12 months 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.

1 year ago

Lastminute.com Group Speeds Pivot With Purchase of Germany’s Weg.de

Lastminute.com Group Speeds Pivot With Purchase of Germany’s Weg.de

Patrick Whyte, Skift

Lastminute.com Group's attempt to wean itself off low margin flight-ticket sales gets accelerated with this deal. The relatively low purchase price makes it a relatively risk-free acquisition.

2 years ago

Lastminute.com Group CEO: We Consider Ourselves a Media Company

Lastminute.com Group CEO: We Consider Ourselves a Media Company

Patrick Whyte, Skift

It's clear from his answers that Fabio Cannavale will keep looking to buy more companies. He thinks there are plenty of companies for sale and he's got some cash on hand.

2 years ago

Shakeup of Marginalized Booking Sites in Europe and Asia

Shakeup of Marginalized Booking Sites in Europe and Asia

Dennis Schaal, Skift

Some of the weaker online travel agencies in Europe and Asia are getting squeezed out. Sabre sold LastMinute.com to Bravofly Rumbo Group for next to nothing, and TUI Group gave up on AsiaRooms.com in the face of stiff competition.

4 years ago

What Happens to the Travelocity Brand Under Expedia Ownership?

What Happens to the Travelocity Brand Under Expedia Ownership?

Dennis Schaal, Skift

The Roaming Gnome himself whispers to us that he is very happy about the Expedia acquisition of Travelocity. It was touch and go under Sabre ownership for such a long time as Sabre, with priorities elsewhere, totally bungled ownership of Travelocity and Lastminute.com.

4 years ago

Bravofly to Acquire Lastminute.com for $120 Million

Bravofly to Acquire Lastminute.com for $120 Million

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

TUI Travel’s $6 Billion Online and Offline Travel Portfolio is Up For Sale

TUI Travel’s $6 Billion Online and Offline Travel Portfolio is Up For Sale

Dennis Schaal, Skift

Given the flurry of merger and acquisition activity in the travel industry over the last couple of years, some of the TUI Travel accommodation and specialty tour businesses will undoubtedly be sold although it looks like the merged TUI AG-TUI Travel will be stuck with a bunch of them.

5 years ago

What Airbnb Can Learn From LastMinute.com’s Success and Decline

What Airbnb Can Learn From LastMinute.com’s Success and Decline

Katherine Rushton, The Daily Telegraph

Travel companies aren't unique in their need to change over time, but the latest darlings have unique challenges that can threaten their future.

5 years ago

Travelocity Trying to Sell Underperforming Lastminute.com

Travelocity Trying to Sell Underperforming Lastminute.com

Dennis Schaal, Skift

Lastminute.com will remain the last man standing of what was once Travelocity -- but only until Sabre can find a buyer in a fire sale because keeping it makes no sense at this juncture.

5 years ago

Lastminute.com CEO Wants To Transform Last-Century Site Into a Mobile Winner

Lastminute.com CEO Wants To Transform Last-Century Site Into a Mobile Winner

Louise Armitstead, The Daily Telegraph

LastMinute.com has bungled so many opportunities, and it lost its footing in the Sabre fiefdom, where it remains entangled. Seizing on last-minute and mobile trends may be admirable, but LastMinute.com has shown no evidence that it can distinguish itself from the throng of competitors that are trying to do the same thing.

6 years ago