For GBP 8.5 million
The Cox & Kings Group has acquired 100% of the issued and outstanding shares of Late Rooms (UK) for GBP 8.5 million. LateRooms is a profitable, leading online hotel booking specialist in the UK. LateRooms has a 3.5 million opted-in and active consumer database and had c93 million online visits in the financial year ending 30 September 2015, generating total transaction value of c.GBP 300 million and net revenues of c.GBP 50 million.Powered by Capital Market - Live News
