Super Break and LateRooms.com have ceased trading after parent Malvern Group was unable to find a buyer for the 49% of the business owned by Cox & Kings (India).
The business placed itself up for sale last week after the historic Indian tour operator defaulted on its Iata billing and settlement plan (BSP) in June.
Malvern drafted in KPMG to oversee a sale but the company confirmed on Thursday (1 August) it had been unable to find a buyer or secure support from the banking sector.
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