TTG parent puts title up for sale

TTG parent puts title up for sale

UBM, the owner of Travel Trade Gazette, has put the title up for sale according to weekend reports.

The Sunday Times reported the magazine is being offered for sale as well as two titles in UBM’s building division; Property Week and Building Design.

The newspaper claimed the sell-off could make UBM up to £20 million, valuing Property Week alone at between £15 million and £20 million.

A UBM corporate spokeswoman said the company had “no comment to make on the Sunday Times story”.

TTG, which has been publishing for 60 years, is the UK’s longest-running travel trade title.

The proposed sell-offs would follow a number of disposals of print publications in recent years by UBM, including Farmers Guardian, The Publican and Music Week.

The Sunday Times said UBM was channelling more of its resources into its exhibitions and business data divisions.

It listed Briefing Media, Ocean Media Group and Metropolis as three potential buyers for Property Week.

Update: This article was updated at 16:10 to include a response from UBM


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