Travelzest moves into UK breaks sector

Tuesday, 22 Dec, 2006 0

Travelzest has made its first move into the domestic travel sector with the acquisition of specialist UK accommodation provider Wow House for an initial £95,000.

Wow House offers an exclusive portfolio of large houses to rent for UK short breaks and an event planning service.

Founder Nick House will remain with the company as managing director and will be entitled to an earn-out payable in shares in Travelzest.   

Travelzest, which flags itself as an online travel group, has grown through a  series of purchases in the last 12 months including the assets of Turkey operator Tapestry Holidays.  

Travelzest group chief executive Chris Mottershead said: “This company provides an excellent opportunity and adds to our growing portfolio of specialist tour operators.

“It also demonstrates our ability to identify early-stage businesses with experienced management and the potential to capture a greater share of their niche markets.”     

Report by Phil Davies



 

profileimage

Phil Davies



Most Read

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
TRAINING & COMPETITION
Skip to toolbar
Clearing CSS/JS assets' cache... Please wait until this notice disappears...
Updating... Please wait...