Articles tagged “online travel agencies”

Complete Interview: Priceline CEO on Staying in High Gear

When Huston took over as CEO of the Priceline Group 13 months ago, a financial analyst told us that Huston would play it safe and not make any bold moves in his first year at the helm because he needed to assure Wall Street about his leadership. Boy, was that analyst wrong.

Bravofly to Acquire Lastminute.com for $120 Million

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.