Google to buy Frommer's
online.wsj.com
online.wsj.com
1) Small business relationships - well established relationships with long-established small businesses that may never have tried advertising online. Every listing is a potential new Adwords customer. I know someone who worked with Zagat and the 1st thing they did was swap out the ad network, so I'd say this is reason #1. These guys have very trusting and loyal ad partners
2) Brand recognition and perception of quality control in consumer listings.
3) Databases - its really hard to get a complete database of small business info from foreign countries. Googlebot is just never going to as good of a job cleaning up this content as a decent editorial staff. These guys have been intricately compiling and updating DBs of eateries and attractions for decades.
4) The guidebooks - I doubt the revenue from selling paper guidebooks means much to Google, but it might be a lesson in selling digital content, who knows
5) They acquired them both for a steal. A bunch of editors working for peanuts, content and new adwords customers scooped up at a fire sale.
I know new whiz-bang startups can generate a lot of cash (if they are lucky), but it always surprises me how low the valuation of old guard companies can be.
2) Brand recognition and perception of quality control in consumer listings.
Speaking as a consumer, I'd say that both are highly respected brands.
http://www.frommers.com/destinations/madrid/0056020791.html
I then used Google Maps and created a custom map with all the suggested sites, activities, and eateries. I was also able to share it with my friends and collaborate over it.
I think this is a great opportunity for Google to streamline all this and make another great product.
I'm eager for the Wikimedia Travel project to get underway https://meta.wikimedia.org/wiki/Travel_Guide
Wikitravel is pretty good, but uneven depth of coverage. I usually read at least the main Wikipedia article and Wikitravel article about places I'm going to, and web search and sites like Yelp for details. Together this is a huge improvement over guidebooks. With more attention that a Wikimedia travel site would get, I'd expect even more/better for the types of things I look at Wikitravel for now, probably meaning I'd need to search/yelp/etc just a bit less.
(Of course most people would get to Wikimedia Travel via Google, and they could use WT content, so it'd be a win for Google just like Wikipedia, even if it made their purchase of Frommer's worth less.)
So the brand still holds some value (in mindshare, in U$S it's whatever Google paid :) ), and they're right in that all of my investigation is online these days.
I am as avid user of smartphones and tablets as any other HN user, but there are many places in the world where you certainly do not want to pull gadgets out of the bag or pocket.
Single-purpose travel PDAs for rent in such parts of the world might be of some use. Have them optimized for the travel guide function, and make them hard to jailbreak and susceptible to bricking when jailbreaking. It may be possible to make them unattractive to steal. (You can steal them, but no one particularly wants to buy them.)
use a book.
Considering the number of people who bought netbooks for the purpose of having a "disposable" computing device for travel, there may be a rental market for a travel tablet.
(Maybe since they are seeing the Google brand erode in quality and value to those under 40...)
Did you seek them out or did you discover them incidentally while in the respective "Travel" sections?
A good analogy would be Comcast buying NBC. Of course google is at a higher scale than any previous distributor, so they can easily buy up lots of small but very valuable comtent producers.
Scary.
I run KangaCruise.com, we considered syndicating Frommer's guides for destinations, and actually still haven't written it off.