Prestige was founded in 1989 by John Dixon, who is currently chairman and managing director. Dixon will retire following Prestige’s sale to Embrace after working for more than 50 years in the travel industry.
The operator’s commercial director David Skillicorn will stay with the company after its acquisition.
Dixon said: “I am delighted to have secured new ownership for the company after what has been a particularly challenging 18 months.
“This deal recognises the hard work of the Prestige team and will enable the business to move forward and adapt as international travel starts to pick up post-pandemic.”
