The business was founded in 1981 and was sold to TTG Top 50 travel agency Tailor Made Travel earlier this year, expanding its network of high street stores to 14.

It has four branches in Bridgend, Maesteg, Porthcawl and Port Talbot. Tailor Made is an existing Travel Network Group member, while Regal joins from Advantage.

Tailor Made Travel chief executive Simon Morgan said: “The Travel Network Group completely understands our business and has been an integral part of our incredible expansion story and behind us through every step of our journey.

“We are very excited to be working with the team in an even closer partnership that will see their senior team attending our board and management meetings and helping us set an exciting pathway for further growth.”

Gary Lewis, Travel Network Group chief executive, added: “Regal Travel is a first-class business that is highly spoken of by UK tour operators and the trade alike.

“As part of Tailor Made, we welcome the team from Regal with open arms and are looking forward to providing them with our world-class support.

“Simon’s business at Tailor Made is going from strength to strength and we are excited to be part of his success and ambition for the future.”