Articles tagged “travelocity”

It would be prudent for the established leaders in online travel not to get over-confident. They are going to have to work extremely hard to maintain their positions, which will undoubtedly be altered

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.

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.

Orbitz Worldwide is putting itself up for sale, and the leak to Bloomberg may be a signal that the bidding hasn't been particularly robust to date.

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.

Jones is now headed into a territory where few have survived, but if anyone is prepared it is he.

Lobbying firm Dickstein Shapiro tells prospective clients: "State AGs are the new sheriffs in town. Do you know them? We do. Sophisticated lawyering. Unparalleled relationships." It all seems to have paid off in Florida.

Travelocity was once the darling in Sabre's portfolio, and now the fastest-rising star is its hospitality solutions business. It has plenty of room to grow, particularly in EMEA and APAC, where chains do not dominate and there is so much need for advanced technology solutions.

Sabre layed off several hundred Travelocity employees last year, but the pain at Sabre is not over as the company intends to eliminate 350 positions in 2014. The spin is that the cuts will better enable the company to focus on product development. Yes, less is obviously more.