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By 1999, Lonely Planet had sold 30 million copies of its travel guides and, by this stage, the company was recognized beyond hippie trail adventurers, and wealthier readers were an established part of the readership.The company's authors consequently benefited from profit-sharing and expensive events were held at the Melbourne office, at which limousines would arrive, filled with Lonely Planet employees.Tony Wheeler graduated from the University of Warwick and London Business School, and was a former engineer at the Chrysler corporation.The pair met in London in 1970 and, in July 1972, they embarked on an overland trip through Europe and Asia, eventually arriving in Australia in December 1972.

BBC Worldwide then struggled in the initial period following the acquisition, registering a £3.2 million loss in the year to the end of March 2009; however, the dire financial situation was eventually reversed with the implementation of a strategy that exploited new channels, such as Lonely Planet's non-print products.The Wheelers also shared their motivation in the press release, stating: "we felt that BBC Worldwide would provide a platform true to our vision and values, while allowing us to take the business to the next level." Slatyer was the CEO of Lonely Planet at the time and, in addition to the Melbourne headquarters, offices existed in the U. In early 2007, Bradt guides founder Hilary Bradt announced her retirement, alongside veteran independent publisher Charles James of Vacation Work—both founded their companies in the early 1970s like the Wheelers.

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