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Travel Chapter to go public following 'staycation boom'

Domestic
Will Payne
21 October 2021

Travel Chapter is set to go public with a float on the secondary AIM market operated by the London Stock Exchange following a positive staycation season.

The firm said its customer database has grown to 1.1 million in 2021 from 735,000 in May 2019

The firm primarily markets its properties through holidaycoattages.co.uk, supported by more than 30 additional regional and lifestyle brands.

Travel Chapter said despite 2020 Covid-19 restrictions lowering the value of the UK’s self-catering market by around 45%, it was expecting a rebound in 2021 with a 54% increase in market value. The firm expects to grow by around 6% to 7% a year in the period to 2025.