Hotelplan Ascent Travel

Hotelplan disposes of its Russia-based subsidiary

The Hotelplan Group has sold its shareholding in Russia-based tour operator Ascent Travel as envisaged. The parties have agreed not to divulge the purchase price involved.

The Hotelplan Group's equity stake in Ascent Travel has been acquired by a Russian investor. The new owner intends to run the operations, which are headquartered in Moscow, broadly as before.

Download Press Release
[ Back ]