Cox & Kings sells Explore Worldwide Limited to Hotelplan UK Group
The Cox & Kings Group (“Cox & Kings” or “the Group”) has – through its Holidaybreak plc subsidiary – sold 100% of the issued and outstanding shares of Explore Worldwide Limited for GBP 25.8 million to Hotelplan UK Group.
Explore Worldwide Limited (which includes the brands Explore – soft adventure tours – and RegalDive – diving adventure specialist) generated net revenues of GBP 11.2 million and EBITDA of GBP 2.3 million in FY15 ended March.
Peter Kerkar, Director, Cox & Kings, said, “The sale of this business helps us to further increase focus on our three key verticals- Leisure, Education and hybrid hotels (Meininger)”.
You might also like
UK encourages Indian visitors to apply early for visas with #Beatthepeak Campaign
The UK has launched a new campaign to encourage Indian visitors to apply early for their visas in the quieter, off peak period, during January and February. Visa applicants can
Cyrus Visa Application Centres Now in 16 Cities in India
Thiruvananthapuram, Goa, Gurugram, and Jaipur are the latest cities from where applicants can apply for Cyprus visas VFS Global has expanded the network of Cyprus Visa Application Centres in India
Ministry of Tourism Launches Incredible India Digital Calendar and Wall & Desk Calendar- 2018
In line with the Government’s Digital India initiative, Minister of State for Tourism (Independent Charge) and Minister of State for Electronics & Information Technology, Shri K.J. Alphons launched the “Incredible
