Tag: shearings

Specialist Leisure Group enters Administration

Specialist Leisure Group, the owners of Shearings Holidays, has today (22 May 2020) entered Administration.

All tours, cruises, holidays and hotel breaks booked with the Specialist Leisure Group have been cancelled and will not be rescheduled.

The Specialist Leisure Group operated several businesses that sold holidays and other travel arrangements under the following brand names, which have all ceased to trade, due to the impact of COVID-19.


All hotels trading as Bay Hotels, Coast & Country Hotels and Country Living Hotels will not reopen. Click here for a full list of hotels that have ceased to trade.

All Wallace Arnold Travel shops are now permanently closed. If you booked a holiday through a travel agent that was not Wallace Arnold Travel, please contact your travel agent in the first instance.

Hotels previously operated by the Specialist Leisure Group

Bay Hotels

Bay Dilkhusa Grand Hotel, Ilfracombe

Bay Carlton Hotel, Great Yarmouth

Bay Prince of Wales Hotel, Berkeley

Bay Great Western Hotel, Oban

Bay Highland Hotel, Strathpeffer

Bay Royal Whitby Hotel, Whitby

Bay Tarbet Hotel, Loch Lomond

Bay Broadway Park Hotel, Sandown

Bay Marina Hotel, Newquay

Bay Majestic Bournemouth Hotel, Bournemouth

Bay Eden Arms Hotel, Rushyford

Bay Majestic Eastbourne Hotel, Eastbourne

Bay Grand Hotel, Exmouth

Bay Marine Hotel, Llandudno

Bay Royal Weymouth Hotel, Weymouth

Bay Caledonian Hotel, Fort William

Bay New Southlands Hotel, Scarborough

Bay Libertys Hotel, Blackpool

Bay Norbreck Hotel, Scarborough

Bay Torbay Hotel, Torquay

Bay Esplanade Hotel, Paignton

Bay St Ives Bay Hotel, St Ives

Bay Tor Park Hotel, Torquay

Bay Waverley Castle Hotel, Melrose

Bay Burlington Hotel, Eastbourne

Bay County Hotel, Llandudno

Bay Valley of Rocks Hotel, Lynton

Bay Beresford Hotel, Newquay

Bay Strathmore Hotel, Morecambe

Bay Savoy Hotel, Bournemouth

Bay Grand Atlantic Hotel, Weston-super-Mare

Coast & Country Hotels

The George Hotel, Chollerford

The Imperial Exmouth Hotel, Exmouth

The Golden Lion, Hunstanton

The Derwentwater Hotel, Keswick

The Pitlochry Hydro Hotel, Pitlochry

The Portpatrick Hotel, Portpatrick

The Ship & Castle Hotel, St Mawes

The Charlecote Pheasant, Stratford upon Avon

The Imperial Tenby, Tenby

The Grand Atlantic, Weston-super-Mare

The Windermere Hotel, Windermere

Country Living Hotels

Country Living Lansdown Grove, Bath

Country Living St George, Harrogate

For the full statement, go to www.specialistleisuregroup.com

Former Shearings Leisure Group to expand hotel portfolio

Specialist Leisure Group (SLG), formerly Shearings Leisure Group, has indicated that it is looking to increase its hotel portfolio in the UK by sourcing management contracts with independent hotels.

Hotel Owner magazine reports (25 June) the group saying it aims to offer hoteliers the opportunity to improve hotel performance through SLG’s “experience and expertise” of operating 44 hotels around the country.

Shearings Leisure Group rebranded as Specialist Leisure Group in June 2018. At that time it owned and operated 47 hotels in the UK under its Country Living Hotels, Coast & Country Hotels and Bay Hotels brands.

Today, SLG is the parent company for seven travel brands: Shearings Holidays; National Holidays; Caledonian Travel; Bay Hotels; Coast and Country Hotels; Country Living Hotels, and UK Breakaways.

SLG also operates a number of Wallace Arnold Travel shops across Yorkshire, which sell holidays with SLG brands as well as other third-party companies.




Shearings changes ownership

Tour operator Shearings is reported to have been acquired from its management team by US property investment firm Lone Star Funds.

The Manchester Evening News and Travel Weekly report that the Wigan-based group has also acquired Equalmatch, the Chesterfield-based specialist firm which owns the Travelstyle and UK Breakaways brands. The move looks set to consolidate Shearings’ position as one of Europe’s largest specialist holiday operators and will complement its fast-growing National Holidays business by expanding its regional presence in the UK.

Lone Star Funds, the company behind the SSE Arena at Wembley, was previously a minority investor in Shearings. Shearings Group was the subject of a management buyout from 3i in 2014.

It is understood that the Equalmatch deal underlines Lone Star’s intention to grow Shearings’ business through selected acquisitions, with a future stock market listing or sale of the enlarged group understood to be likely. Shearings says the acquisition will complement its “fast-growing” National Holidays business by expanding its regional presence in the UK.

The change to the Group’s ownership structure sees former Travelodge chief executive and chairman Grant Hearn, already a non-executive director, take over as chairman, with Denis Wormwell remaining as chief executive. Grant Hearn already chairs another Lone Star-backed business, Amaris Hospitality, which owns a number of Jurys Inn and Accor hotels.

Shearings has also announced a 30% increase in profits to £9.1m for 2015, up from £7m in 2014. The specialist operator of escorted tours and leisure hotels made a pre-tax profit of £5m compared to a loss of £900,000 last year.

In the 12 months to December 2015, the group carried 1.1m passengers, up 2% on the previous year, and increased revenues to £201m, up from £200m – a record in the group’s 100-year history.

Shearings says strong demand for its UK holidays, together with margin improvements and operating cost reductions, contributed to the record performance.

The Group has also continued to invest in its infrastructure with increased spend on hotel refurbishments of £4.6m, that’s up from £3.6m in 2014, and the largest ever UK order of Mercedes Benz Euro 6 coaches with 46 new, high specification vehicles joining the 240-strong fleet this month.

Denis Wormwell says: “This was another landmark year for the Group, with a fourth successive year of improved financial results, continued investment in the business, new ownership and our first business acquisition since 2005. With the backing of a long-term investment partner, our best ever line up of holidays and hotels, a well-invested estate and fleet and the loyalty of our fast-expanding over-50s audience, we’re in the ideal position to continue growing our presence and position as the leading escorted tours operator.”

Shearings is under new ownership and has acquired the Travelstyle and UK Breakaways brands
Shearings is under new ownership and has acquired the Travelstyle and UK Breakaways brands