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
TIME Magazine announces Morpheus Hotel as one of the ‘World’s Greatest Places 2018′
Just two months after its grand opening, Morpheus Hotel at Macau’s legendary City of Dreams resort has been hailed as one of the “World’s Greatest Places 2018” by TIME magazine,
Cox and Kings organised Beach Cleaning Drive in Juhu
In a bid to create awareness and to preserve the beauty of one of the most popular beaches of Mumbai, Cox and Kings, a leading travel company organised a special
Mumbai trains may be fully air-conditioned with World Bank funding
Mumbai’s local train services may be fully air-conditioned with financial assistance from World Bank after the railways received positive feedback from commuters to the lone AC local that has been
