Arena Travel buys Diamond brands
Arena Travel has acquired The River Cruise Line and Diamond Rail Holidays brands.
Both were part of Diamond Shortbreak Holidays Ltd, the Market Harborough-based company that ceased trading yesterday due to ‘financial difficulties’, affecting 16,000 customers.
Around 5,000 forward bookings were for rail and cruise holidays, which Arena is now going to try to protect.
"The acquisition was supported by the cruise lines who operate the popular Lady Anne and Serenity ships that are exclusive to The River Cruise Line," said Steve Goodenough, managing director of Arena Travel.
"Both will be working closely with Arena with the aim of operating the vast majority of planned sailings for 2017.
"Our aim is to provide the same rail or river cruise holiday on the same date and at the same price to as many of the 5,000 who have booked a holiday for the season ahead as possible. Thanks to the financial protection in place, customers will be covered for any loss of money."
He reassured agents and the ‘loyal customers’ of The River Cruise Line and Diamond Rail Holidays that their bookings will be safe.
"We will be working hard to minimise disruption through this period of transition. We appreciate that this can be a worrying time, but our intention is to retain and build the River Cruise Line and Diamond Rail brands, and to ensure that their portfolio of river cruises and escorted rail tours continues to operate to the usual high standard.
"Arena Travel has been established for over 40 years and our expertise in special interest holidays means that there is a great synergy between the brands and customers of both companies.
"We look forward to an exciting future, developing business with our trade partners, group organisers and individual customers."
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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