Sabre Holdings is to sell Lastminute.com according to their announcement. The advisory firm of Houlihan Lokey will oversee the auction of the once profitable booking platform.
Sabre holdings
Big OTAs and Big Hotels in Price Fixing Lawsuit
A federal lawsuit naming the likes of Expedia, Orbitz, Booking.com, Travelocity, Trump International Hotels Management, Intercontinental, Kimpton, Sabre Holdings, Priceline, Marriott, Starwood, and Hilton alleges the companies conspired to fix hotel room prices. According to the news from Reuters, the suit claims the travel giants did so in an effort to fend off competition from smaller online retailers.
American Airlines Wins Court Round – Travelers Losing Still
A Texas judge has ruled that Sabre Holdings Corp. cannot stop American Airlines (AMR) from seeking a court order to bar Sabre from diminishing the position of AMR’s flight listings. American is seeking an injunction to stop Sabre from listing the airline’s flights beneath competitors routinely. While AMR has won the most recent court round, passengers may lose in the end.
Sabre’s Hospitable Solution for Facebook
Dennis Schaal, over at Tnooz, offered a report yesterday on Sabre Hospitality Solutions’ latest incursion for the Arizona Grand Resort, and their so called SocialConversion suite. If the innovation is important enough for Tnooz to cover it, then certainly Argo Travel should look into Sabre’s most prized social platform. Is this suite as good as it looks?
US Airways Sabre Deal Calms Travel War Waters
In airline travel news, US Airways just announced the signing of a multi year contract for full content distribution and merchandising with Sabre Travel Network. This latest news, pertinent to the ongoing wars between the various online agents and service providers, is at least a positive sign for global distribution players.
Microsoft Piggybacks On FairSearch Whining
In a transparent move to block yet another Google business move, Microsoft joins the scaredy cats at FairSearch. Like a ravenous whining hyena, Microsoft once again nips at the heels of the Internet’s most profitable and powerful company.
Fear Google – Trust Expedia
Google’s detractors huddle in Phoenix at this year’s PhoCusWright Conference to try an lobby allies. Fearing Google’s ITA acquisition will forever change the online travel game, some top travel execs seem willing to do anything to block the Internet’s biggest player.
The Decaying Orbit of Orbitz Online
With the holiday travel season upon us, and Google pushing online travel giants around, the best Orbitz can come up with is a mobile application and a drug store marketing deal. American Airlines is about to pull one of Orbitz’s biggest calling cards and the company is doing research about holiday airport traffic? Just what is up with this online travel giant leaves room for much speculation.
Tripit Still Shines If Not Altogether New
TripIt is without a doubt one of the most useful travel tools yet developed. But, can this fairly limited tool, regardless how slick, remain atop the travel app list forever? With an increased user base via Hotwire TripIt has so far fended off all competition, but one slip is all it will take for the next big thing to steamroll this startup. The larger question is, “Can simple modular applications be stand alone monetization models?”