Cold shoulder for Travelzest

More than a year after Travelzest put the UK's biggest naturist holiday operator up for sale, it has still failed to find a buyer.

The group first said it was "exploring options" for Peng Travel in 2011. Yesterday, it said it "will sell or wind down all the remaining UK operations". Instead, it is focusing on two British travel websites and two Canadian travel businesses which are also for sale Revenues fell 5 per cent to £24.1m in the year to November, and losses fell from £2.9m to £1.6m.