CEO of Netflix, Reed Hastings, put it simply when he famously proclaimed last year: “We expect DVD subscribers to decline every quarter… forever.”
Lonely Planet has moved quickly reassure staff and authors of its books that the sale of the business to NC2 Media will not result in any significant change in strategy.
Changes in how people vacation because of the economic upheaval since 2008 may partly explain the record ratings for the Olympics.
Whistler upgrades search and booking, Choice Hotels selects Rategain, GetTaxi loves black London cabs, BBC America Minds the Gap… What else is happening in travel tech around the world.
Interesting move from Lonely Planet last week with the unveiling of a startup to develop social mobile travel guides
Tony Wheeler and his wife Maureen started Lonely Planet in 1972 and grew it to be the largest guidebook seller in the world and one of the most recognized brands in travel.
Bad news for the web and digital folk at Lonely Planet with the team taking the brunt of widespread redundancies at the same time as the entire department heads north to London.