Travel Chapter Group
UK holiday lettings platform | www.thetravelchapter.co.uk
Travel Chapter’s flagship brand is Holidaycottages.co.uk, one of the leading holiday lettings providers in the UK. Led by CEO James Morris, the business currently manages over 2,500 high quality self-catering holiday properties throughout the country and attracted roughly 8 million website visits in 2015. Phoenix invested in Travel Chapter Group in April 2016.
A buy-and-build strategy is being developed by the Travel Chapter team and Phoenix, with a focus on acquiring smaller, regional holiday lettings agents in a fragmented sector. Accelerating organic growth in property numbers is also a priority, as is improving yield management and marketing effectiveness. Travel Chapter Group is being transitioned from family ownership, and a highly experienced non-executive chairman has been introduced to the business.
"We are delighted to be working alongside Phoenix Equity Partners. From the first meeting when we met David and Will we felt confident they would be the right partners to help us grow the business. They approach things in a very professional yet approachable manner and bring a wealth of knowledge to the table. We were also given the opportunity to meet the wider team at Phoenix throughout the early stages of the investment process and that was something that we felt was of real benefit. We are looking to working with Phoenix to help develop and grow the business.”
James Morris, CEO, Travel Chapter