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Shearings bought Smiths Happiways in 1984, which can be traced back to 1903. From 2014, Shearings Holidays was owned by Lone Star Funds -backed Specialist Leisure Group, until the group collapsed into administration during the outbreak of the COVID-19 pandemic in May 2020.
May 22, 2020 · 1949: Herbert Shearing retires and two companies are formed: Shearings Tours (Manchester) Ltd and Shearings Tours (Oldham) Ltd. These are sold to James Robinson, owner of Happiway Tours, in 1953. 1963: Shearings Tours are consolidated as Shearings Holidays
- Travel Weekly Reporters
Aug 29, 2023 · Specialist Leisure Group had owned coach firms Shearings, National Holidays and Wallace Arnold and entered administration in May 2020. At the time, travel trade organisation Abta said more than...
Jun 23, 2020 · It follows the news in May that Specialist Leisure Group, which owned the Shearings’ brand, had gone into administration after more than 100 years. Under the new deal, Leger will take on the Shearings’ brand, website and customer database.
Apr 23, 2020 · The owner of Shearings, the coach holidays provider for over-50s, is racing to avoid becoming the next corporate casualty of the coronavirus pandemic. Sky News has learnt that Specialist Leisure Group (SLG), which also owns the Bay Hotels chain, is in advanced talks with several potential buyers as it tries to avoid falling into administration.
Jul 13, 2020 · The hotel and travel company included well-known Wigan-based coach holiday brands Shearings, National Holidays and Wallace Arnold. Last week Business Live reported that Shearings Hotels - which owned or operated more than 40 hotels - had left debts of more than £200m.
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May 22, 2020 · Shearings owner Specialist Leisure Group has fallen into administration after failing to secure a rescue deal. All of the group's hotels trading as Bay Hotels, Coast & Country Hotels and Country Living Hotels will not reopen.
