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
Travelyaari ties up with Amazon Pay
Travelyaari ties up with Amazon Pay to enable one-click payments and seamless bookings for customers. Travelyaari has partnered with Amazon Pay to enable faster and seamless checkouts for customers booking
Make it NYC in Brooklyn, New York City’s Trendiest Meetings Destination
Brooklyn’s vibrant venues and new meeting spaces offer planners a true locals experience at an unbeatable value! NYC & Company, New York City’s destination marketing organization, invites meeting planners and
Corona Virus ( COVID19 ) and Impact on Travel
Corona Virus or COVID 19 as we all know has had a significant impact on the Global Trade, Economy and Travel. The COVID – 19 has affected 104 countries and
