Low Cost Travel Group

From last-minute getaways to Jamaica to group tours of the Algarve, the Low Cost Travel Group says it has made bookings for 1.2m holidaymakers this year. The West Sussex company sources hotels, flights and transfers direct from suppliers and sells them to both the public and other travel operators. Chief executive Paul Evans is a travel-industry veteran, having served as managing director of First Choice Holidays before founding his own firm in 2004. In September 2005 Close Brothers invested £2m to fund the company’s expansion, and earlier this year it acquired the transfer provider Resorthoppa.com. Sales grew 127% a year from £4.3m in 2005 to £50.7m in 2008.

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Company details
Year2009
Rank20
CompanyLow Cost Travel Group
ActivityTravel operator
LocationWest Sussex
Annual sales rise over 3 years127.03%
Latest sales £000s50,732
Staff72
Founded2004
Websitewww.lowcosttravelgroup.com

If applicable:

* supplied by company † annualised figure