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
Global Tourism Awards 2025: A Spectacular Celebration of Excellence in Tourism
The Global Tourism Awards 2025 concluded in grand style, bringing together global leaders, industry veterans, innovators, and dignitaries for one of the most credible recognitions in world tourism. Unlike most
The Oberoi Group commences selection process for its ‘Post Graduate Management Programmes’
The Oberoi Centre of Learning and Development – developing the next generation of hoteliers for the Best Hotel Brand in the World. The Oberoi Group has commenced the selection process
Cathay Pacific Group to roll out inflight Wi-Fi across its wide-body fleet from mid-2018
With broadband connectivity, customers will have more than the cabin to roam when the seat belt sign is turned off The Cathay Pacific Group will introduce high-speed Wi-Fi to its


