Booking agency Expotel has acquired LateMeetings.com, the real-time online booking service,
for an undisclosed sum.
The £200m-a-year hotel and travel management services
group currently places over 20,000 conferences and meetings annually and expects
the acquisition to lead to significant growth in this market.
Ian Burnley says: “LateMeetings.com delivers the advantages of immediacy,
connectivity, 24/7 accessibility, internationality
will be the values that corporate and public sector buyers, as well as venue
operators, will rate most highly.”
Burnley says the acquisition will be integral to the
development of the recently re-launched expotel.com online presence. “Call centre
continue to dominate, and
within five years 25 per cent of all business event transactions
will be web-driven,” he adds.
LateMeetings.com directors John Gallery and Chris Martins are being
retained as consultants by Expotel.
Gallery tells CN: “This is
great news for LateMeetings.com, we are delighted to be joining Expotel and
taking the online service to its next level.”