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Thomas Cook Sells Off North America Operations for Peanuts

2013-03-26 by Aleksandr Shatskih

Redtag site

Thomas Cook Group PLC has announced selling their North American operations to Canada firm Red Label Vacations Inc. According to the news, the deal was worth only $5.2 million from the firm that operates travel website www.redtag.ca.

Tags: company news, economics, investment news, thomas cook, travel companies, travel investments, travel stocks

The Decaying Orbit of Orbitz Online

2010-11-14 by Phil Butler

Orbitz landing page

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.

Tags: Barney Harford, Experdia, Geoffrey Rogow, Google, Google Travel, ITA, LastMinute, MarketWatch, online travel, Orbitz financials, Orbitz travel, Sabre, Sabre holdings, Sabre investments, trael business, travel investments, travel leaders, travel news, Travelocity, Travelport, Wall Street




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