TVZ.L Regulatory News (TVZ)

12 Feb 2008 07:00

Travelzest plc12 February 2008 Date: 12 February 2008On behalf of: Travelzest plc ("Travelzest" or the "Company")Embargoed until: 0700hrs Travelzest plcAcquisition of The Malaysia Experience Travelzest plc, the online travel group offering specialist travel programmes,is pleased to announce it has acquired the assets of The Malaysia Experiencefrom Bob Mortimore Travel Limited for £45,000. The Malaysia Experience brand will be maintained and will operate as part ofTravelzest's Faraway Holidays business, a specialist in luxury tailor-madeholidays and tours to Vietnam, Cambodia, Bali and Thailand. The acquisition extends Faraway Holiday's expertise and knowledge into Malaysia,introducing a range of new destinations across the country. The expandedcustomer base presents a number of cross-selling opportunities and the enhancedproduct range will appeal to a wider audience. Faraway Holidays was launched by Travelzest in August 2006 and from inception toOctober 2007 it achieved turnover in excess of £1.5 million. Commenting on the acquisition, Chris Mottershead, Chief Executive of Travelzest,said: "The Malaysia Experience brand is an excellent fit with Faraway Holidays, withboth having built a reputation for providing high quality, tailor-made holidays.This is a great opportunity to enhance the range of destinations offered byFaraway Holidays, our Far East specialist, and to continue to develop thisbusiness." Enquiries: Christopher MottersheadTravelzest plc 01442 874322 Samantha Robbins / Anna DunkinRedleaf Communications 020 7822 0200 Notes to Editors The Group currently comprises: itravel2000.com itravel2000.com was founded in 1994 and is an online travel agent specialisingin the sale of travel and travel related products. Sales are made throughvarious internet web sites and a customer call centre located in Mississauga,Ontario. The greater proportion of itravel2000.com's business is winter-based,thus providing counter-seasonal revenue to the predominantly summer-basedrevenues of Travelzest's businesses in Europe. www.itravel2000.com Holiday Express Holiday Express is one of the UK's leading on-line travel businesses. Itspecialises in both on-line travel fulfillment services and online travel sales.Holiday Express' retail business (acting as travel agent), provides packageholidays, charter flights and ski booking services, accounts for the vastmajority of its revenue and the remainder of its revenue is generated throughacting as a tour operator. Holiday Express owns a number of travel websitedomain names, including: - www.holiday.co.uk- www.flight.co.uk Fair's Fare Fair's Fare was established in 1995 and is the UK's leading firm of airfareanalysts, offering a unique travel planning service to both private and businessclients. The company seeks out the very best financial options, on all majorairlines, but primarily for long-haul travellers in the first and business classcabins of the world's leading airlines. VFB Holidays VFB Holidays is a long established, award winning tour operator, which providedholidays for approximately 24,000 passengers in its last financial year. VFB iscurrently contracted with the owners of approximately 350 holiday cottagesthroughout France for the summer season, and has booking arrangements with over150 hotels, most of which are privately owned and are located in rural orsemi-rural locations. VFB specialises in cottage holidays in France, but alsohas a number of other holiday programmes including: France a la Carte (hotelaccommodation), Corsica, Short Breaks, Escorted Tours and River Cruises. www.vfbholidays.com Best of Morocco Best of Morocco is a tour operator specialising in high quality, tailor-madeholidays to Morocco for individuals or small groups. It provides apersonalised service and it's highly experienced and knowledgeable staff helpeach customer select the hotels / resorts from their large range which areappropriate for the customer's desired style of holiday. Best of Morocco is thepremier agent for the Marathon des Sables, a foot race that takes place inMorocco in April each year, covering some 230km. Best of Morocco provides thelargest contingent of runners for the race each year. www.bestofmorocco.co.uk Peng Travel Peng Travel was formed in 1971 to arrange naturist holidays for the UK market.Since then, it has grown to become Britain's biggest naturist tour operator. Ithas unrivalled experience of naturist areas worldwide and has selected only thebest. The range of naturist holidays offered is unmatched by any other Britishtour operator. www.pengtravel.co.uk Faraway Holidays Faraway Holidays was launched by Travelzest in August 2006. It offerstailor-made holidays to many of the world's top exotic destinations in the FarEast, Middle East, Indian Ocean, South Pacific and South America. Everydestination offered by Faraway Holidays will have been visited by at least onemember of the sales team, ensuring that customers receive informed andknowledgeable advice when planning their holiday. www.farawayholidays.co.uk Tapestry Collection Travelzest acquired the assets of Tapestry Holidays and has launched arevitalised brand consisting of the very best of the Tapestry range. TheTapestry Collection will initially showcase the very best of Turkey and Cretefeaturing many of the most popular hotels, apartments and villas, together withsome exciting new properties. www.thetapestrycollection.com The Wow House Company Wow House Limited, trading as The Wow House Company, is a specialist UKaccommodation provider offering an exclusive portfolio of large, prestigioushouses to rent for short breaks in the UK. The company also offers acomprehensive event planning service. www.thewowhousecompany.co.uk Captivating Cuba Captivating Cuba is a tour operator specialising in quality tailor made holidaysto Cuba. It's highly experienced team provide customers with the very bestadvice regarding how to get the most from their visit to the largest Caribbeanisland. www.captivatingcuba.com JMB Travel JMB Travel Consultants Limited is a leading UK specialist in opera holidaysoffering an extensive range of destinations noted for their operas and musicfestivals. It has unrivalled experience in catering for the particular needs ofthe opera and music lover and has connections with every major opera house andmusic festival in Europe and a small section of North America.www.jmb-travel.co.uk This information is provided by RNS The company news service from the London Stock Exchange