Lonely Planet denies it's going out of business

AFTER announcing a series of job cuts, Lonely Planet has denied its iconic blue-spined travel guides may soon go the way of cassettes and video tapes.

The world's largest travel publisher last week announced "a series of changes to its operations in response to a challenging external environment and to position the company for continued success".

Lonely Planet's chief operating officer Daniel Houghton told the ABC "somewhere around 70 to 80 roles worldwide" would be cut, with the majority of job losses in Melbourne.

The company's guide books have been a staple in the luggage of many savvy travellers - shared around and pored over in bars and hostels from as far afield as Timbuktu to Baku.

According to Mr Houghton, fears of having to bid farewell to hard copy guides are unfounded.

Read more at ABC news online

Topics:  job cuts lonely planet publishing travel

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