Clive Jacobs

Last updated

Clive Jacobs
Clive Jacobs photo in House of Commons 2009.jpg
NationalityBritish
Occupation(s)Businessman and entrepreneur
OrganizationTravel Weekly Group
Website clivejacobs.com

Clive Jacobs is a British businessman and entrepreneur. He is the founder of Holiday Autos Group and Travel Weekly Group.

Contents

Career

Holiday Autos Group

In 1988, Clive Jacobs co-founded the Holiday Autos Group, which was the first car rental broker in Europe and one of the earliest travel companies to provide a pre-bookable, pre-paid, fully inclusive product that was guaranteed in price. [1] The company also claimed to be the pioneer in offering a late deals car hire website. [2] Backed by ECI Ventures Jacobs bought out his partners in 1995.[ citation needed ] Jacobs went on to sell Holiday Autos to lastminute.com for £43 million in 2003. [3]

Travel Weekly Group

In 2009, Jacobs founded Travel Weekly Group and acquired Travel Weekly and its associated brands, websites and events from Reed Business Information. [4] [5] [6]

In 2012, Clive Jacobs expanded his portfolio with the acquisition of The Caterer (formerly Caterer and Hotelkeeper) from Reed Business Information. [7] Subsequently, in 2016, he launched the umbrella brand Jacobs Media Group. Jacobs serves as the chairman and majority owner of the group, which employs approximately 100 people based in Victoria, London. [8]

Other business interests

In 2008 Jacobs bought the Michelin-starred New Angel Restaurant and Rooms in Dartmouth in Devon, which he went on to sell to Alan Murchison’s 10 in 8 Fine Dining Group in 2010. [9]

In 2012, Jacobs was involved in talks with other investors, including former Thomas Cook Group executive Terry Fisher, about a possible £400 million buyout of Thomas Cook Group. [10] [11]

In 2014, Jacobs took a stake in and became chairman of luxury travel business Tully Luxury Travel (formerly known as The Cruise Professionals). [12]

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References

  1. Bawden, Tom (2 July 2005). "Holiday Autos founder to buy car rental company for £155m". The Times. Retrieved 27 November 2017.
  2. Williamson, Dan. "Holiday Autos enters late car-hire market". Campaign Magazine. Retrieved 27 November 2017.
  3. "Lastminute buys car hire firm". BBC. 26 March 2003. Retrieved 27 November 2017.
  4. Brook, Stephen (7 July 2009). "Reed sells travel portfolio". The Guardian. ISSN   0261-3077 . Retrieved 13 January 2017.
  5. Andrews, Robert (7 July 2009). "RBI Selling Travel Publishing Group To Hire Car Co. Founder". Gigaom. Retrieved 27 November 2017.
  6. Mason, Rowena (9 July 2009). "Holiday Autos founder picks up travel unit from Reed Elsevier". The Daily Telegraph. Retrieved 27 November 2017.
  7. Johnston, Chris (18 October 2012). "Jacobs grabs another cracker with deal to buy hotels trade magazine". The Times. Retrieved 27 November 2017.
  8. "Caterer and Hotelkeeper sold to owner of Travel Weekly Group". Press Gazette. Retrieved 13 January 2017.
  9. Kühn, Kerstin. "Alan Murchison buys former John Burton Race restaurant the New Angel". The Caterer. Retrieved 27 November 2017.
  10. "Thomas Cook spurns £400m funding deal". The Daily Telegraph. Retrieved 13 January 2017.
  11. "Thomas Cook rebuffs £400m cash plan". Daily Express. 17 March 2012. Retrieved 27 November 2017.
  12. "Tully Luxury Travel announces change in executive leadership team". American City Business Journals. Retrieved 27 November 2017.