Thomas Cook buys Medhotels from lastminute.com

Press release - Thomas Cook Group-Lastminute.com
Press release - Thomas Cook Group-Lastminute.com
January 7, 2009 05:33 PM GMT

Lastminute.com group has sold accommodation-only supplier MedHotels to Thomas Cook for an undisclosed sum.

The sale of MedHotels enables lastminute.com to focus on its core online travel agency business while maintaining access to industry-leading resort hotel content.

The acquisition of MedHotels sees Thomas Cook become the UK market leading accommodation-only supplier.

Thomas Cook has acquired the Med Hotels German and UK businesses, contracts and brands including Med Hotels, Hoteltransfers and Holiday Hotels.

Lastminute.com group chief executive Ian McCaig said: "Med Hotels has played an important role in the growth of the lastminute.com group over the past five years.

"The deal allows lastminute.com to cement its position at the forefront of the online travel industry.

"I would like to personally thank everybody at Med Hotels for their contribution to the success of the lastminute.com Group and wish them further success as part of Thomas Cook."

As part of the deal, Thomas Cook will also be discussing wider strategic opportunities with Sabre.

Comments

Jobs in Travel
Travolution - Pure Genie

Specialists in digital recruitment featuring a wide range of jobs.

Travolution - Pure GenieSearch for Travel jobs