ao link

 

"We’re having probably our best turn of the year period for a long time. We see no reason why change of ownership should impact us"

Jones, who said he was made aware of the decision by the Swiss parent company “recently”, also dismissed concerns that the timing of the announcement in the middle of the vital peak booking period had had a negative effect.

 

“Actually we’re delivering fabulous sales at the moment. It is the busiest time of the year for us and we are having probably our best turn-of-year trading period for a long time. We see no reason why change of ownership should impact us,” he said.

 

Kuoni’s UK business will be sold in its entirety. This will include the 35 shops and the specialist brands of Carrier, Kirker, Voyage Jules Verne, CV Villas and Journeys of Distinction.

 

“It will be a fairly standard road to market. We’ll prepare the portfolio, we’ll go to market and invite interested parties to meet with us, discuss the strategy, discuss the business and then move into due diligence with a view to completing a sale before the end of the year.”

 

Jones joined Kuoni in 2009 after spending 20 years in various positions. TTG asked him whether a change of ownership could signal the end of his time at Kuoni.

 

“I’ve totally bought into this business and the people and I’m not going anywhere,” he said.

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