takes you to the archived version of a BusinessWire press release of Oct. 30, 2000, announcing the sale of Vacation.com to Amadeus, which paid total consideration of nearly $90 million, consisting of “cash, warrants and the assumption of nearly $30 million in debt.” At that time, V.com was said to have 8,400 members and sales of about $20 billion.
Fast-forward to the sale of Vacation.com to Travel Leaders. Our story
puts Travel Leaders’ sales at $15 billion, post-acquisition. (According to our most recent Power List
, Travel Leaders had 2009 sales of $1.68 billion.) Also according to the Power List, V.com counted 5,000 members in 2009.
While you’re pondering how well Amadeus might have made out on the deal, consider another way things have changed in 10 years: The press release of the Amadeus sale referred to Vacation.com as a “’click and mortar’ travel agency.” Cute, huh?