Release Details
Bravofly Rumbo Group closes acquisition of lastminute.com from Sabre Corporation
With this transaction Bravofly Rumbo Group acquires all of
The decision to sell
For Bravofly Rumbo Group, the acquisition fulfills its mission to be a Smart Travel Provider, simplifying the life of travellers and accelerating the growth of its global footprint and its portfolio of solutions.
We will seek to boost robust topline revenue growth by making relevant investments in online and offline marketing and advertising around
Bravofly Rumbo Group will communicate further details of its long-term integration roadmap and respective Group targets in its FY2014 earnings data, scheduled for release on
Key data
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Revenues |
Approx. €110 million |
Geographical distribution |
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whereas | |
Business breakdown |
Flights 20%, |
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Headcount |
1,275 employees |
Websites managed |
More than 100 |
Countries where Bravofly Rumbo Group operates |
More than 35 |
Travellers handled |
More than 10 million |
About
Sabre® Corporation is a leading technology provider to the global travel and tourism industry. Sabre's software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. Sabre also operates a leading global travel marketplace, which processes more than
Cautionary Note Regarding Forward-Looking Statements
Any statements in this release regarding Sabre that are not historical or current facts are forward-looking statements. Such forward-looking statements convey Sabre's current expectations or forecasts of future events. Forward-looking statements regarding Sabre involve known and unknown risks, uncertainties and other factors that may cause Sabre's actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. Certain of these risks and uncertainties are described in the "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" sections of Sabre's registration statement on Form S-1, the "Risk Factors" and "Forward-Looking Statements" sections of its Quarterly Report on Form 10-Q, and any
of Sabre's other applicable filings with the
About Bravofly Rumbo Group
Bravofly Rumbo Group is an online travel agency, or OTA, with a strong presence in
Some of the information contained in this press release contains forward-looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. Bravofly Rumbo Group undertakes no obligation to publicly update or revise any forward-looking statements.
Contacts |
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Bravofly Rumbo Group |
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Media |
Media |
Priscilla Daroda |
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Mobile: +41 76 393 83 56 |
Phone: +44 7968 902 626 |
Investor Relations |
Investors |
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Mobile: +41 763925699 |
+1682-605-0214 |
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Direct: +41 43 244 81 40 |
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Mobile: +41 79 200 85 00 |
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SOURCE
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