Travelzoo rescues Perfect Escapes, picking up Travel Intelligence and the Travel Editor along the way
Deals specialist Travelzoo has acquired the Perfect Escapes brand after it was put into administration alongside other brands within the Travesse portfolio at the end of September.
Speculation putting Travelzoo as a potential buyer for some of the brands emerged a few weeks ago when the deals specialist said in a trading update that it was in negotiations to acquire a hotel booking website.
Chic Retreats, meanwhile, has been bought back by its founder and managing director Lulu Townsend.
Townsend started the business in 2002 and says she has now got funding in place from LMN Capital with its principal Jonathan Paisner joining the Chic Retreats board.
Tnooz has asked Travelzoo for a comment.
Linda Fox is a reporter for Tnooz. For the past six years she has worked as a freelance journalist across a range of B2B titles including Travolution, ABTA Magazine, Travelmole and the Business Travel Magazine.
In this time she has also undertaken corporate projects for a number of high profile travel technology, travel management and research companies.
Prior to her freelance career she covered hotels and technology news for Travel Trade Gazette for seven years. Linda joined TTG from Caterer & Hotelkeeper where she worked on the features desk for more than five years.