India: Cox and Kings buys UK’s LateRooms.com from TUI Group for $13m

India: Cox and Kings buys UK’s LateRooms.com from TUI Group for $13m

For Cox and Kings, the acquisition fits the group’s strategic intent to expand its global online and B2C (business to customers) leisure proposition. Photo: Ramesh Pathania/Mint

One of India’s oldest travel agents Cox and Kings Ltd has acquired 100% stake of UK-based hotel-booking firm LateRooms Ltd, which runs the website LateRooms.com, from TUI Travel Plc for $13 million (about Rs 85 crore).

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