Kuoni to buy CV Travel
Kuoni Group is to acquire luxury villa and ski operator CV Travel for an undisclosed sum on July 1.
CV Travel is currently owned by John Boyle, also founder of Direct Holidays and Zoom Airlines.
Established in 1972, CV Travel originally specialised in renting private villas in Corfu, but has since expanded into many other areas throughout Europe with a key focus on Greece, France and Italy.
It has recently added long-haul destinations such as Morocco, Oman and the Caribbean.
First class private villas are offered by its ‘Owners’ Syndicate’ brand, with an emphasis on long-haul, particularly the Caribbean.
Meanwhile, ‘Ski Verbier’ offers top quality hotels and luxury ski chalets in Verbier, often with their own chefs.
The company’s products are sold primarily direct but also through some independent travel agents.
Its turnover was £14.7 million last year and it employs 40 people.
Kuoni intends to maintain the CV brands and retain the present management team and staff.
CV Travel will remain an independent unit as part of the Kuoni UK group of companies.
Sue Biggs, managing director Kuoni UK, said: “CV Travel is an aspirational brand that offers the very best in luxury travel. In addition, its strength in the independent villa market, particularly in Europe, adds welcome depth to Kuoni UK’s mix of specialist companies and products.”
By Bev Fearis
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.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Qatar Airways offers flexible payment options for European travellers
Airlines suspend Madagascar services following unrest and army revolt
Digital Travel Reporter of the Mirror totally seduced by HotelPlanner AI Travel Agent
Strike action set to cause travel chaos at Brussels airports
Phocuswright reveals the world's largest travel markets in volume in 2025