Holidaybreak in bid interest camping unit

20th Mar 2006

British travel firm Holidaybreak said it had received “several” expressions of interest to acquire the company’s camping arm. Holidaybreak told Reuters news agency that any “possible sale would be considered on the basis of the value created for shareholders but that if one was to go ahead, completion would take several months.”

The company has said it will reduce its camping business by 16 percent this year at a cost of £8.7 million.

Once the cheaper vacation option for families, the camping sector is losing out as the British turn to low-cost airline and hotel packages.


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