Holidaybreak

Holidaybreak

Holidaybreak

Travel agency in the United Kingdom

Holidaybreak Limited is a company based in London whose main business is the Meininger hotels chain.

History

By 2007, Holidaybreak held a portfolio of specialist holiday businesses.[1]

Holidaybreak became a wholly owned subsidiary of former competitor Cox & Kings in July 2011[2] after a long period of attempting to sell two loss-making parts of its business, Explore and Superbreak.[3] Three years later, in June 2014, Cox & Kings announced the sale of the camping division of its subsidiary Holidaybreak Ltd to France’s Homair Vacances, for 89 billion Rs (approx. $145 million).[4][5]

In 2022, following the 2020 collapse of Cox & Kings,[6] Holidaybreak was ultimately controlled by Ares Management, an American asset management company.[7] It conducts most of its business through Meininger Hotels Limited, which operates hotels in Germany and several other European countries.[8]

Brands

Holidaybreak operates under multiple brands, however, the majority of their customer volume is through PGL and through their Meininger Division.[9] Other brands include NST, EST, and Travelplus.

PGL

Main article: PGL (company)

PGL is a children's holiday firm providing educational and residential school trips as well as holiday camps in the United Kingdom.[10][11]

NST

Main article: NST (company)

NST or the NST Travel Group is a British educational travel company specialising in tailor-made tours for schools and colleges.[citation needed]

References

  1. [1]
    "Corporate information". Holidaybreak.co.uk. Archived from the original on 24 February 2007 – via Internet Archive.
  2. [2]
    "Holidaybreak Joins Cox & Kings Limited" (PDF). Holidaybreak.co.uk. 27 September 2011. Retrieved 16 August 2013.
  3. [3]
    "For Sale sign goes up on two leading brands". Travelmole.com. 13 June 2011. Retrieved 16 August 2013.
  4. [4]
    "Cox & Kings Sells Unit For '892 Cr". Bloomberg TV India.
  5. [5]
    "Cox & Kings Sells Camping Division for over Rs. 880 Crore". NDTV Profit.
  6. [6]
    Lewis, Jane (5 February 2022). "The curious case of Cox & Kings". Moneyweek. Retrieved 15 October 2023.
  7. [7]
    "Holidaybreak Limited: Report and Financial Statements". Companies House. 30 March 2022. p. 69. Retrieved 15 October 2023.
  8. [8]
    "Holidaybreak Limited". Dun & Bradstreet. Retrieved 15 October 2023.
  9. [9]
    "an education and activity travel group". Holidaybreak. Retrieved 16 August 2013.
  10. [10]
    "Holidaybreak - travel". Retrieved 16 September 2019.
  11. [11]
    Simon Bowers (18 May 2007). "Multimillion pound windfall for PGL bosses | Business". theguardian.com. Retrieved 16 August 2013.
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