Travel Chapter Group

UK holiday lettings platform

travelchapter.co.uk
Date Invested
April 2016
Status
Realised

At a glance

>6,000
properties
>130,000
holidays booked per year
20
acquisitions completed in 2.5 years

Travel Chapter is a leading, technology-driven, marketing platform for self-catering holiday lettings in the UK. The business offers a valuable proposition to both property owners and holidaymakers. The properties on its platform range from thatched cottages to quirky cabins and luxury coastal retreats. Travel Chapter’s flagship brand is Holidaycottages.co.uk.

Our partnership

Phoenix invested in family-owned Travel Chapter in 2016 and supported the expansion of the business through a combination of organic and acquisitive growth. Over 2.5 years, 20 acquisitions were completed, the number of properties under management and headcount more than doubled, and profits increased threefold.

Phoenix sold its investment in Travel Chapter in December 2018, generating a return of 3.6x investment cost.

"From the first meeting with Phoenix we felt confident they would be the right partners to help us grow the business. Their support and experience proved invaluable."

Jamie Morris, CEO of Travel Chapter