Two major players under one bimini
High Street travel agents First Choice, who own Sunsail have swallowed up Grand Expeditions who own The Moorings for £54 million.
‘It means that instead of competing with one another, we can concentrate on what we do best,’ said Jeremy Tutt of The Moorings.
Until the buy-out First Choice had no ‘footprint’ in the US, now they can ‘make some dollars’ and expand their business into America.