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Lastminute.com owner Sabre mulls sale to focus on ‘core business’

on Aug 27, 2014 | 0 comments

By Natalie Mortimer

Sabre Holdings – parent company of travel booking site Lastminute.com – is considering selling off the business as part of a strategy to focus on its core technology business.

Sabre, which provides data-driven services to airlines, hotels and travel agencies, said it is currently exploring strategic options for the booking brand including a potential sale.

The company’s president and chief executive Tom Klein said: Lastminute.com is an iconic brand and an innovative marketer whose legendary ads reinforce what makes spontaneous travel so fun and exciting – and sometimes a little mischievous.”

“As part of Sabre, Lastminute.com has significantly improved its technology and operations, Read full story ›

Source: The Drum