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Hays Travel acquires Tailor Made Travel out of administration

Company failures
Jennifer Morris
5 September 2020

Hays Travel has acquired Welsh agency chain Tailor Made Travel out of administration. 

TMT owner Simon Morgan confirmed the business had entered administration last month

Tailor Made Travel went into administration at 4pm in Thursday, with Deloitte appointed as administrator.

Hays Travel had been contacted and made an expression of interest.  

Its offer to acquire all 20 shops was agreed, as was the retention of approximately 100 employees, late Friday afternoon.

Tailor Made Travel chief executive Simon Morgan said he was not able to provide further detail at the present time.