Tag Archives: GDS

Travel Series 8: GDS (Sabre, Amadeus, Travelport) – Ultimate travel platforms or Dinosaurs waiting for extinction ?

Time to do another “travel series” post after the last Tripadvisor post a few months ago.

GDS – The business

The so-called “GDS” (short form of Global Distribution System) is one of the oldest “platform business” I know about.

Basically (and as far as I understand it), it is a real-time repository of available airplane seats, hotel rooms and rental cars from different suppliers (airlines, Hotels etc.). This repository can then be accessed by travel agents, OTAs etc. in order to book these offers for their ultimate clients. The GDS charge money both for access to the system and transactions.  The added value comes clearly from the fact that they act as a single interface to many different back-end systems on the supplier side.

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Lastminute.com (ISIN NL0010733960) -cheap flights and a cheap stock ?

Quick Intro:

The idea to look at lastminute.com came from my gocompare post, this is what I wrote back then:

Peter Wood hired the former CEO of lastminute.com, Mathew Crummack.

He seems to be a smart guy, however I haven’t seen anything from him about the future strategy yet. The new CFO of GoCompare ist the old deputy CFO from Esure. So the top managers from Esure seem to have preferred to stay.

I haven’t looked that deeply into LastMinute.com but it seems to do better since he left…(note to myself: check Lastminute.com).

As I have quite a lot of travel related companies on my ToDo list, I decided to start a kind of “mini travel” series, similar to my “Watch series”. As I like to travel myself a lot, I think this should be lots of fun to look into those companies.

The company

lastminute-group-logo

Lastminute.com is a company based in Switzerland which initially went public in 2014 under the (strange) name “Bravofly Rumbo”. They started out as a website to offer cheap flights in Italy and Spain.-

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