Cox & Kings Acquires LateRooms From TUI Group
Photo Credit: Packaged tour specialist Cox & Kings has acquired LateRooms.com from the TUI Group. LateRooms.com
Skift Take
The TUI Group auctioned off LateRooms.com to Cox & Kings, which probably got a very good deal on the under-performing asset.
TUI Group has made good on its pledge to sell a noncore asset, UK-based LateRooms.com, and Cox & Kings has acquired the hotel-booking site, Skift has learned.
There has been no announcement about the deal, and the transaction between Hanover, Germany-based TUI Group and Cox & Kings, headquarter
