Jetsetter sale finally nearing completion, announcement expected next week
Photo Credit: Jetsetter has been conducting the biggest sale of all -- of itself -- and an announcement is looming. Jetsetter
Skift Take
For all its problems, Jetsetter is a market leader in hotel flash sales, and an acquisition at a bargain-rate sale price could help TripAdvisor inject some life into SniqueAway.
Gilt Groupe's flash deals and hotel booking site Jetsetter has found a home and the announcement will come as soon as next week, ending a months-long search to find a buyer, Skift has learned.
The most likely buyer is Tripadvisor, our sources indicate, though we have not been able to definitively confirm that.
Over the last few months, we have heard of every possible buyer including Travelzoo, Expedia, and American Express (as well as the usual collection of media companies like Hearst and CondeNast), but none have come to fruition, mainly because the asking price b
