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
Hyatt and Small Luxury Hotels of the World announce strategic loyalty alliance
Hyatt Hotels Corporation and Small Luxury Hotels of the World (SLH) announced plans to bring World of Hyatt members opportunities to enjoy loyalty benefits in many more places. The launch is targeted for the end
A new facet of motoring excitement in India!
India’s most premium Vintage car event, the 21 Gun Salute International Vintage Car Rally & Concours Show, 2016 was inaugurated amongst renowned national & international car aficionados & connoisseurs of
‘Spectacular Saudi’ returns to India: Showcases cultural brilliance with immersive experiences and unbeatable offers
The three-day five-city celebration brings Saudi’s culture, entertainment, hospitality and unbeatable travel offers directly to Indian travellers New Delhi, November 18,2025: ‘Saudi, Welcome to Arabia’, the consumer-facing brand of the
