Lastminute.com Group
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Lastminute.com Group
Lastminute.com Group owns several travel brands including lastminute.com, Volagratis, Rumbo, Bravofly, Jetcost, Crocierissime.it, weg.de, and Hotelscan. The company operates websites and mobile apps in 17 languages and 40 countries and has 43 million monthly unique users. It was called Bravofly Rumbo Group until May 2015. History Lastminute.com Group was founded in 2006 but traces its roots back to 2004, when Fabio Cannavale and Marco Corradino launched Volagratis, a search engine for low cost flights in the Italian market. In 2006, it was organized as a Group, the headquarters were moved to Chiasso and it began its international expansion by introducing localized websites in Spain, France, Germany and the United Kingdom. In November 2012, it acquired Rumbo, a Spanish online travel agency. In December 2013, it acquired Jetcost, a French travel metasearch engine. On 15 April 2014, the company was listed on the SIX Swiss Exchange in Zurich. In March 2015, the company acqu ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, ''Bloomberg Businessweek'', ''Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Journal ...
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Lodging
Lodging refers to the use of a short-term dwelling, usually by renting the living space or sometimes through some other arrangement. People who travel and stay away from home for more than a day need lodging for sleep, rest, food, safety, shelter from cold temperatures or rain, storage of luggage and access to common household functions. Lodging is a form of the sharing economy. Lodging is done in a hotel, motel, hostel, inn or hostal, a private home (commercial, i.e. a bed and breakfast, a guest house, a vacation rental, or non-commercially, as in certain homestays or in the home of friends), in a tent, caravan/campervan (often on a campsite). Lodgings may be self-catering, whereby no food is provided, but cooking facilities are available. Lodging is offered by an owner of real property or a leasehold estate, including the hotel industry, hospitality industry, real estate investment trusts, and owner-occupancy houses. Lodging can be facilitated by an intermediary such as a ...
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Package Holidays
A package tour, package vacation, or package holiday comprises transport and accommodation advertised and sold together by a vendor known as a tour operator. Other services may be provided such as a rental car, activities or outings during the holiday. Transport can be via automobile, buses, charter airline, and may also include travel between areas as part of the holiday. Package holidays are a form of product bundling. Package holidays are organised by a tour operator and sold to a consumer by a travel agent. Some travel agents are employees of tour operators, others are independent. History Organised tours The first organised tours dated back to Thomas Cook who, on 5 July 1841, chartered a train to take a group of temperance campaigners from Leicester to a rally in Loughborough, eleven miles away. By 1872 he was undertaking worldwide tours, albeit with small groups. His company, Thomas Cook & Son (commonly called Thomas Cook or simply "Cook's"), grew to become one of the larg ...
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Brent Hoberman
Brent Shawzin Hoberman (born 25 November 1968) is a British entrepreneur and investor. During the dot-com boom, he co-founded lastminute.com with Martha Lane Fox in 1998, where he was CEO from its inception, before selling the business to Sabre in 2005 for £570m. Hoberman's other business involvements include Made.com, which he co-founded in 2010 and went public in 2021 as a ' pandemic star' before falling into administration in late 2022. He is also co-founder of startup accelerator Founders Factory, tech community Founders Forum, and $270m seed fund firstminute capital. Technology businesses co-founded by Hoberman have cumulatively raised over $1 billion. Outside of business, Hoberman sits on the advisory boards of The Royal Academy, the UK Government Digital Service and the WEF Digital Europe Group, as well as advising the British government on technology. He previously chaired the Oxford Foundry, the Royal Foundation Taskforce on the Prevention of Cyberbullying for ...
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Martha Lane Fox
Martha Lane Fox, Baroness Lane-Fox of Soho, (born 10 February 1973) is a British businesswoman, philanthropist, and Public service, public servant. She co-founded Lastminute.com, Last Minute during the dotcom boom of the early 2000s and has subsequently served on public service digital projects. She sits on the board of directors, boards of WeTransfer and Chanel, as well as being a trustee of The Queen's Commonwealth Trust. She previously served on the board of Channel 4. She entered the House of Lords as a crossbencher on 26 March 2013, becoming its youngest female Members of the House of Lords, member, and was appointed Chancellor (education), Chancellor of the Open University on 12 March 2014. In October 2019, she was named by media and marketing publication ''The Drum'' as the most influential woman in Britain's digital sector from the past quarter of a century. Early life Born in London, Lane Fox is the daughter of academician, academic and gardening writer Robin Lane F ...
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Leisure
Leisure has often been defined as a quality of experience or as free time. Free time is time spent away from business, work, job hunting, domestic chores, and education, as well as necessary activities such as eating and sleeping. Leisure as an experience usually emphasizes dimensions of perceived freedom and choice. It is done for "its own sake", for the quality of experience and involvement. Other classic definitions include Thorsten Veblen's (1899) of "nonproductive consumption of time." Free time is not easy to define due to the multiplicity of approaches used to determine its essence. Different disciplines have definitions reflecting their common issues: for example, sociology on social forces and contexts and psychology as mental and emotional states and conditions. From a research perspective, these approaches have an advantage of being quantifiable and comparable over time and place. Leisure studies and sociology of leisure are the academic disciplines concerned w ...
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Travel
Travel is the movement of people between distant geographical locations. Travel can be done by foot, bicycle, automobile, train, boat, bus, airplane, ship or other means, with or without luggage, and can be one way or round trip. Travel can also include relatively short stays between successive movements, as in the case of tourism. Etymology The origin of the word "travel" is most likely lost to history. The term "travel" may originate from the Old French word ''travail'', which means 'work'. According to the Merriam-Webster dictionary, the first known use of the word ''travel'' was in the 14th century. It also states that the word comes from Middle English , (which means to torment, labor, strive, journey) and earlier from Old French (which means to work strenuously, toil). In English, people still occasionally use the words , which means struggle. According to Simon Winchester in his book ''The Best Travelers' Tales (2004)'', the words ''travel'' and ''travail'' bot ...
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Skift
Skift is a travel industry news site. Skift also provides market research and marketing services to the travel industry. Skift was founded in 2012 by Rafat Ali and Jason Clampet. The name Skift, which means "shift" or "transformation" in Nordic languages, was chosen by Ali and Clampet to highlight the ongoing changes in the future of travel. Background In July 2012, Rafat Ali founded Skift and assumed the role of CEO. Co-founder Jason Clampet, formerly of Frommer's, joined as Skift's head of product. For its launch, Skift raised about $500,000 in funding from investors, including L. Gordon Crovitz, Craig Forman, Jim Friedlich, Tom Glocer, Vishal Gondal, Jason Hirschhorn. In May 2013, Skift announced that it raised an additional $1.1 million in seed financing from a group of investors led by Lerer Ventures. Skift's revenue comes from three main sources: branded content, subscriptions, and a series of global events - of which the flagship is the Skift Global Forum held annually ...
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Travelocity
Travelocity.com is an online travel agency owned by Expedia Group. It has 12.4 million monthly unique visitors, making it the third most popular website owned by Expedia Group, after Expedia.com and Hotels.com. One of the pioneers of web-based disintermediation, Travelocity.com was the first website that allowed consumers the ability to purchase travel tickets without the help of a person. In addition to airfares, the site also permits consumers to book hotel rooms, rental cars, cruises and packaged vacations. History American Airlines began offering customer access to its electronic reservation system, Sabre, in 1978 to travel agencies, and in the mid-1980s on CompuServe and GEnie to consumers under the "eAAsySabre" brand name. The CEO of eAAsySabre was Kathy Misunas. Under the "Saabre" brand, it was a popular feature of online services such as Prodigy and America Online in the early 1990s. Travelocity was created in 1995 as a joint venture between Worldview Systems Corporation ...
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Sabre Holdings
Sabre Corporation is a travel technology company based in Southlake, Texas. It is the largest global distribution systems provider for air bookings in North America. American Airlines founded the company in 1960, and it was spun off in 2000. In 2007, Texas Pacific Group and Silver Lake Partners acquired what was then ''Sabre Holdings''. Sabre began publicly trading on the NASDAQ in 2014. History Early history In 1953, C.R. Smith, the president of American Airlines, met Blair Smith, an IBM salesman, on a flight and developed the Sabre (the Semi-Automatic Business Research Environment) concept. The system was based on SAGE, the first major system to use interactive real-time computing, which IBM had developed for military use. Sabre Corporation was founded in 1960 by American Airlines. Sabre Corporation installed the first Sabre reservation system in Briarcliff Manor, New York that year. The system consisted of two IBM 7090 mainframe computers and processed 84,000 calls per d ...
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