Cox & Kings subsidiary PGL expands footprint in Australia

Image
Press Trust of India Mumbai
Last Updated : Jan 17 2014 | 6:48 PM IST
Travel company Cox & Kings today said its subsidiary PGL has forayed into Australia with the acquisition of a site as part of its plan to develop markets in the island nation.
PGL, a subsidiary of Holidaybreak, the European Education and Leisure specialist group, has completed its first acquisition of a site outside Europe, as part of its plan to develop markets in Australia, Cox & Kings said in a release issued here.
Holidaybreak is a subsidiary of Prometheon Holdings (UK), which is a part of Cox & Kings.
PGL owns and operates more than 23 centres in the UK and Europe.
The new centre, PGL Campaspe Downs, spread over 200 acres is near Melbourne, Victoria.
It further said that PGL plans to develop the site by upgrading accommodation standards for students and teachers.
The acquisition of the first site in Australia, Campaspse Downs, provides the foundation to roll out the successful European model and break into the Australian residential activity sector with the widest offering of activities, high standards of accommodation and best trained staff, the release added.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 17 2014 | 6:48 PM IST

Next Story