Supriya Ghosh (Editor)

Lastminute.com Group

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Type
  
Public

Industry
  
Travel Technology

Founded
  
2006

Traded as
  
SIX: LMN

Headquarters
  
Chiasso, Switzerland

CEO
  
Fabio Cannavale


Key people
  
Fabio Cannavale (CEO & Co-Founder) Marco Corradino (COO & Co-Founder)

Products
  
Flights Hotels Holiday Packages Car Rentals Cruises Trains Lifestyle Ancillary Services

Brands
  
Lastminute.com Volagratis Rumbo Bravofly Jetcost

Stock price
  
LMN (SWX) CHF 14.75 +0.35 (+2.43%)10 Mar, 5:30 PM GMT+1 - Disclaimer

Founders
  
Marco Corradino, Fabio Cannavale

Subsidiaries
  
lastminute.com, Where Are You Now' Ltd., Bravoavia

Profiles

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Lastminute.com Group (formerly known as Bravofly Rumbo Group) is a publicly traded multinational Group in the online travel industry and owns a number of brands including lastminute.com, Volagratis, Rumbo, Bravofly and Jetcost.

Contents

Every month, the Group reaches across all its websites and mobile apps (in 17 languages and 40 countries) 43 million users that search for and book their travel and leisure experiences. More than 1,200 people work for the Group, which conducts its business through its operational headquarters in Chiasso (Switzerland) and a further 10 offices worldwide.

History

The 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 under the Bravofly brand. In November 2012, it acquired the Spanish OTA, Rumbo. At the end of 2013 it acquired Jetcost, a French travel meta-search site, entering a new market segment.

On 15 April 2014 the Bravofly Rumbo Group debuted on the SIX Swiss Exchange in Zurich.

In March 2015 Bravofly Rumbo Group acquired lastminute.com and in May 2015 it changed its name to lastminute.com group. In 2016, the Group launched the new media unit called the Travel People, engaging audiences through media and technology. In September 2016, the Group acquired WAYN, a social travel network.

lastminute.com

lastminute.com is an online travel and leisure retailer. The company was founded by Lady Lane-Fox and Brent Hoberman to offer late holiday deals online. lastminute.com was acquired by Bravofly Rumbo Group in March 2015.

Volagratis

Volagratis.com was launched Italy in 2004. Since the pioneering search engine for low cost flights has become a full-service travel provider, offering a range of services including hotels, flights, city breaks, holidays, cruises and car rentals.

Rumbo

Launched in Spain in 2000, Rumbo also operates websites in other European countries as well as in South America.Rumbo is a full-service travel website, with its offering comprising hotels, flights, city breaks, package holidays and cruises.x

Jetcost

Jetcost is a metasearch website that enables users to search for and compare travel and leisure products from a range of suppliers. Jetcost websites operate in 38 countries across Europe, Asia and America.

Bravofly

Bravofly is a full-service travel website, integrating a variety of travel products and services, including flights offered by low cost and traditional airlines worldwide. Founded in 2006, Bravofly websites are available in 17 languages and across 40 countries

References

Lastminute.com Group Wikipedia