TUI ‘looking to sell’ LateRooms

GERMAN travel giant TUI is reportedly set to check out of Manchester-based LateRooms.com, the online hotel booking service it has owned since 2007

TUI, which owns the Thomson and First Choice brands, is looking to raise hundreds of millions of pounds from the sale of non-core assets, Sky News said.

The broadcaster said that TUI has appointed Arma Partners, a London-based advisory firm, to oversee the sale process.

Based at the Peninsular Building on Cheetham Hill Road, the company, which was founded... For the full story register now for free or login below...

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