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Articles tagged “sabre”

Online Travel

Comparing CEO Pay of the Big Three Travel Distribution Companies

When comparing the total CEO compensation of the three major travel distribution companies it is ironic that Luis Maroto, the CEO of the largest and most profitable company of the trio, Madrid-based Amadeus, took home the lowest compensation.

Dennis Schaal, Skift | 9 years ago

SkiftX

Shakeup of Marginalized Booking Sites in Europe and Asia

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.

Dennis Schaal, Skift | 9 years ago

Shakeup of Marginalized Booking Sites in Europe and Asia

Online Travel

Vacation Rental Distributor BookingPal Attracts $5 Million in Funding

The global distribution world has long offered vacation rentals to travel agents but the investments by Amadeus Ventures and former Sabre CFO Jeff Jackson in BookingPal symbolize new and more serious interest.

Dennis Schaal, Skift | 9 years ago

Vacation Rental Distributor BookingPal Attracts $5 Million in Funding

Online Travel

What Happens to the Travelocity Brand Under Expedia Ownership?

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.

Dennis Schaal, Skift | 9 years ago

What Happens to the Travelocity Brand Under Expedia Ownership?

SkiftX

Expedia Acquires Travelocity for $280 Million

Expedia is expected to retain the Travelocity brand. It would be foolish not to because the whole value proposition is to tap into the allegiances of Travelocity loyalists. And that leaves Orbitz out in the cold. It is unable to achieve scale and Expedia and the Priceline Group are apparently not interested in scooping Orbitz up.

Dennis Schaal, Skift | 9 years ago

Expedia Acquires Travelocity for $280 Million

Online Travel

Expedia Closing in on Acquisition of Travelocity From Sabre

Barring complications, it looks like Travelocity will become the newest Expedia Inc. brand fairly soon.

Dennis Schaal, Skift | 9 years ago

Expedia Closing in on Acquisition of Travelocity From Sabre

SkiftX

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.

Dennis Schaal, Skift | 9 years ago

Bravofly to Acquire Lastminute.com for $120 Million

SkiftX

SAP’s Concur Says It Continued to Invest in Travel Tech Startups

Concur officials are saying all the right things about the future of the company under SAP ownership. Sometimes acquisitions don't turn out exactly as one or both of the parties intended, so we'll just have to wait and see how it all turns out.

Dennis Schaal, Skift | 9 years ago

SAP’s Concur Says It Continued to Invest in Travel Tech Startups

Online Travel

Sabre CEO Tells IATA to Leave the Innovation to Us

Sabre's Klein is correct that IATA won't be driving the implementation of the next wave of ancillary and personalized services from airlines. But the track record shows that Sabre won't likely be doing so, either.

Dennis Schaal, Skift | 9 years ago

Sabre CEO Tells IATA to Leave the Innovation to Us

Hotels

Exclusive: Pegasus Solutions Spins Off Reservations Business to Regent Equity Partners

In this transaction, Pegasus Solutions unloads a struggling reservations business to a private equity firm, and a smaller Pegasus Solutions, still facing lots of issues, lives to fight another day.

Dennis Schaal, Skift | 10 years ago

Exclusive: Pegasus Solutions Spins Off Reservations Business to Regent Equity Partners