Lastminute.com News
Competition & Markets Authority threatens lastminute.com with legal action
The company signed formal undertakings in December which committed it to pay out over £7 million to more than 9,000 customers when their holidays were cancelled due to the Covid-19 pandemic.
Which? finds lastminute.com has failed to pay refunds
Some customers still have not received all their money back, despite the travel agent committing to the regulator that all refunds would be paid by the end of January, Which? has revealed.
Lastminute.com to step up refunds following CMA probe
The company has agreed to repay more than £7 million owed to customers whose package holidays were cancelled due to the ongoing Covid-19 crisis.
lastminute.com becomes London Eye sponsor
The lighting of the iconic wheel has changed to the recognisable hot pink to reflect signature colour of the brand, with the new design unveiled earlier.
Travelzoo research reveals Brits in search of a bargain when booking holidays
British travellers are increasingly choosing longer package holidays in the search for better value for money, research by Travelzoo has found.
lastminute.com founder Lane Fox joins Twitter board
Entrepreneur Martha Lane Fox, who co-founded travel website lastminute.com, has been appointed to join Twitter’s board of directors. The appointment will be effective immediately following the news that Peter Chernin and Peter Currie will both step down.
Bravofly Rumbo to rebrand as lastminute.com following acquisition
European leisure industry giant Bravofly Rumbo Group will change its corporate name to lastminute.com in the course of the year. This decision was approved at the company’s annual general meeting in Amsterdam earlier. At the meeting some 55.63 per cent of Bravofly Rumbo Group’s voting rights were represented and all resolutions proposed by the board were accepted.
Sabre sells lastminute.com for $120m to Bravofly Rumbo
Sabre Corporation and Bravofly Rumbo Group have announced today that Bravofly has made a binding offer to acquire lastminute.com. Acceptance of the offer is subject to the completion of employee information and consultation processes, following which closure would be expected to occur in the first quarter of next year.
Sabre confirms lastminute.com sale
Sabre Corporation has announced today that it is exploring strategic options, including a potential sale, for its lastminute.com business unit. lastminute.com is one of Europe’s leading online travel and leisure retailers and its brand is recognized by more than 90 percent of European consumers.
lastminute.com looks for new home after Sabre decides to sell
lastminute.com is looking for new ownership after Sabre Holdings took the decision to offload the travel firm. Sabre has appointed bankers at advisory firm Houlihan Lokey to oversee an auction, and has already begun sounding out potential buyers.
lastminute UK boss quits
Mark Maddock, managing director UK and Ireland of lastminute.com, has quit amid speculation that parent, Sabre Corporation, is looking to sell lastminute.com.
lastminute.com: 20 percent increase in British babies taking to the skies
Normally it is the royals who are setting the current trends but it seems, when it comes to Prince George’s inaugural long-haul Australian flight, he is following the ‘flightsteps’ of his subjects as more and more British babies take to the skies.