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
Australian hotel undergoes major renovation
Louis T Collection and H&M Capital Reposition Perth’s New Esplanade Hotel Renovation includes reimagined guestrooms and new eating, drinking and co-working spaces The New Esplanade Hotel, the successor to the
Tourists arrived on e-Tourist Visa register a growth of 955.9% in January-June 2015 over the same period last year
42% tourists arrived on e-Tourist visa in June 2015 were from the US. The following are the important highlights of e-Tourist Visa during June, 2015: (i) During the month of
‘Paryatan Parv’ to be organized nationwide from 16th to 27th September
The Ministry of Tourism, Government of India in collaboration with other Central Ministries, State Governments and Stakeholders is organizing a “Paryatan Parv” across the country from the 16th to 27th September 2018. The Ministry under
