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Tuesday, October 21, 2008

Many happy returns as lastminute.com turns ten

lastminute.com is celebrating its tenth birthday today, marking a decade at the top of the online travel industry since the dot com revolution.

Launched by entrepreneurs Brent Hoberman and Martha Lane Fox in 1998, lastminute.com prospered where other online firms failed and is now the leading player in the travel and leisure arena.

Built on the concept of offering consumers five-star products at three star prices, lastminute.com began by selling holidays, hotels and flights and has now grown to provide a full travel and leisure offering including theatre and festival tickets, attractions, experiences, spa breaks and gifts.

lastminute.com floated on the London Stock Exchange in 2000 and acquired car broker Holiday Autos, bedbank medhotels.com and lastminute.de amongst others before being acquired by travel giant Travelocity, part of the Sabre family.

Known for its trademark bright pink branding, lastminute.com is internationally recognised and responsible for some of the most cutting edge marketing campaigns, including the well known ‘Surprise your girlfriend, take her sister to Paris’ advertising slogan.

lastminute.com Chief Executive Officer Ian McCaig said: “Celebrating ten years at the top in online travel and leisure is a fantastic achievement and one that we are all very proud of.

“It is incredible to think that only a decade ago this global brand was merely an idea dreamt up in a London flat. Now it is one of the most internationally recognised and successful online companies, helping people all over the world to make the most of their leisure time.

“Our customers have stayed with us from the beginning and I would like to say extend my thanks to them for their support. We look forward to the next ten years at the top and to see how we can continue to revolutionise the travel industry.”

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