Nick Munday, the former owner and managing director of Classic Collection, has described the brand's closure after nearly 40 years as a "very sad" moment for everyone who helped it become an award-winning operator over the years.
Nick Munday is a former owner and chief executive of Classic Collection (Credit: Sussex Community Foundation)
Classic was sold to On the Beach Group in August 2018 for around £20 million. However, the OTA on Wednesday (24 September) said it would begin "winding down" the brand with immediate effect to place the group's full focus on its B2C operation.
The operator will take no further bookings, but will continue to support agents with any existing bookings. A total of 26 Classic Collection colleagues will now enter into collective consultation with the group.
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