In The New York Times Deal Book Blog on 1/14/08, there's a post that Zagat is trying to sell its travel guide book and website business. They might be disappointed with the price that they fetch since online only travel and restaurant websites seem to be growing rapidly as this article indicates. In contrast, the Zagat website has a relative sparse number of reviews and appears to get relatively little traffic. It seemed like Zagat had a lot of buzz about five years ago before the importance of online reviews soared. The company should have jumped aboard the Internet bandwagon earlier since it had such a prestigious name. The new owner of Zagat will have a lot of catching up to do online.
