The next six months, at least, are likely to bring more of the same for travel businesses in the UK and beyond. Although operators and the public may have pinned their hopes on the return of international travel this year, it now seems likely that a resurgence will take longer to fully appear. However, when international travel is once again safe and acceptable for tourism and business alike, there’s confidence that demand will surge.
It’s no surprise, then, that travel businesses with money to spend and private equity firms are willing to bet millions or even billions on acquiring smaller struggling operators. At a time when organic growth is all but impossible to achieve, M&A is a route to growth for travel firms with deep pockets. And now that the impact of COVID-19 is clearer than ever, there are plenty of deals to be done.
Smaller operators falling like dominoes
Some independent travel operators and smaller firms in the industry have reported that things are still looking very bleak as we move further into 2021. Indeed, travel operators such as Tucan Travel, STA Travel, VIP SKI and National Holidays have collapsed as a result of the pressures emerging from customers wanting refunds for trips they have booked but are not able to take.
A renowned destination business, under current ownership in excess of 20 years, not seasonal, enjoying all year round local trade, only offered for sale to pursue retirement. Sales 2022 £624,015 ex Vat, Gross Profit £364,655, serving traditional menu...
The business has been under our client ownership since 2020. During that time, the business has built up an excellent reputation and loyal customer base. As seen by the online ratings and reviews, the business is extremely popular within the local ar...
This self drive van hire business started 35 years ago. approx 40 vehicle fleet from small vans to 7.5 tonne, massive scope for expansion, a lot of repeat business.
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.