British online travel group is offering holidays to Cuba
- Submitted by: admin
- Travel and Tourism
- Destinations
- Business and Economy
- 08 / 09 / 2007
Travelzest, the British online travel group offering specialist travel programmes, has acquired Captivating Cuba Ltd, a specialist UK tour operator offering holidays to Cuba.
Chris Mottershead, Travelzest's chief executive, said: "Captivating Cuba is a good example of a business with great potential. It already sells over 3,500 holidays a year to the UK market and by linking with itravel2000.com, our Canadian operation, we will be able to exploit this opportunity further and deliver strong organic growth over the coming years."
Travelzest is paying £10,001 for Captivating Cuba and will invest in the business to repay loans of £242,000 and provide additional working capital.
Source: SmallCapNews.co.uk
Chris Mottershead, Travelzest's chief executive, said: "Captivating Cuba is a good example of a business with great potential. It already sells over 3,500 holidays a year to the UK market and by linking with itravel2000.com, our Canadian operation, we will be able to exploit this opportunity further and deliver strong organic growth over the coming years."
Travelzest is paying £10,001 for Captivating Cuba and will invest in the business to repay loans of £242,000 and provide additional working capital.
Source: SmallCapNews.co.uk
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