Issue 4: 27th January 2014

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    Secret Escapes makes mobile move

    Secret Escapes has acquired Germany’s JustBook for an undisclosed sum. The deal is expected to drive Secret Escapes’ expansion in Europe, as well as adding mobile expertise. Alex Saint, Secret Escapes CEO, said: “We’ve been talking to JustBook for a while. They’re an innovative company offering quality hotels primarily for the last-minute mobile market, with [...]
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    Ryanair flags Google move

    Ryanair CEO Michael O’Leary has sparked rumours of a partnership with Google which could see the pair selling flights. The move, which appears similar to Google Hotel Finder, will mark the first time Ryanair has allowed its flights to be sold outside its brand.com site. In an interview with Ireland’s Sunday Independent, O’Leary said: “There [...]
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    Thomas Cook quits Irish High Street

    Thomas Cook is to close its office in Dublin and will no longer have a physical presence in Ireland. The decision to move to online-only selling in the Ireland comes despite Thomas Cook’s previous assertion that it would retain a “very strong presence on the High Street”. The company said: “The Irish leisure travel market [...]
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    Odigeo mooted for IPO

    Permira and Ardian, the private equity owners of Odigeo, are reported to be planning an IPO for the Europe-based online travel agent as soon as April. It is thought that the flotation will value Odigeo at around EUR1.5bn including debt, with the group hoping to leverage what it considers to be its leading position in [...]
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    Booking to dominate Europe, Expedia

    Expedia and Booking.com could control half of Europe’s online travel market by the end of the year, according to a study from PhoCusWright. The report said that the OTA market in the region was seeing more consolidation, a situation which is likely to lead to less choice for consumers and further loss of power for [...]