Thursday, September 08, 2005

Travelocity and lastminute.com outline way forward in THE uk

Travelocity - lastminute.com - (Travel Daily News): "Travelocity and lastminute.com today announced their combined European management team and revealed plans for the integration of their British businesses . The combined organisation will be known as lastminute.com and will comprise multiple brands and businesses, including travelocity.co.uk. Both the lastminute.com and travelocity.co.uk websites will continue to be marketed actively.

As a first step in the integration process, travelocity.co.uk has started to integrate lastminute.com`s holiday and packaging products into its website. lastminute.com will incorporate Travelocity`s extensive range of merchant hotel content for non-European properties this month (September). This apart, the lastminute.com and travelocity.co.uk websites will continue to be marketed independently. 'When the acquisition closed we said we intended to maintain a multi-brand approach where it makes sense, and share underlying infrastructure, technology and supplier relationships to drive cost savings,' said Brent Hoberman, chief executive officer of lastminute.com. 'This is a classic example of that approach. We will continue to pursue opportunities to share products and technology to create the best possible offering for consumers and suppliers.'

The companies are also considering a plan to consolidate their British operations into lastminute.com`s existing premises in London and the South-East, which could result in the closing of travelocity.co.uk`s one office in Stansted Mountfitchet in Essex. Eighty-five Travelocity employees are currently based in Stansted Mountfitchet.

'We have begun consultation with our employees, and are discussing an option to close our Stansted Mountfitchet location,' said Hoberman. 'Should we move forward with this plan, it`s our fervent hope tha"

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