Cosmos Holidays
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| Wholly owned subsidiary | |
| Industry | Travel |
| Founded | 1961 |
| Headquarters | Bromley, United Kingdom |
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Key people
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Richard Francis (Managing Director) |
| Services | Package holidays, flights and accommodation |
| Parent | Monarch Holdings Ltd |
| Website | http://www.monarch.co.uk/holidays |
Monarch Holidays (formerly Cosmos Holidays) is a UK independent tour operator, which provides package holidays, flight-only and accommodation products to UK customers. The tour operator is a subsidiary of Monarch Holdings Ltd, formerly owned by Globus Travel Group. It was sold to Greybull Capital in October 2014. Cosmos Holidays was founded in 1961 as Cosmos Tours. It became Cosmos Holidays in 1987.
Cosmos Holidays had been in operation for over 50 years, and provides a choice of holidays from ten UK airports to 60 worldwide destinations. Annually 850,000 return passengers within the mass market sector buy a holiday from Cosmos Holidays and Monarch's holiday brands. The company was renamed Monarch Holidays in 2015.
The group has a number of other subsidiaries including Monarch Airlines, Monarch Aircraft Engineering, Avro and somewhere2stay. Monarch Holdings was 100%-owned by the Globus Travel Group.
Monarch Holidays provides packages to over 60 countries, flying from five UK airports. Over 900,000 customers use their services annually.
The holiday provider started providing beach holiday deals for UK consumers to European destinations. The company still has a major presence in Europe, but has expanded in recent years to offer global destinations, including the Caribbean, Egypt, Florida, Goa, Lapland, the Maldives, Mexico and Sri Lanka.
Globus, a group that was established in 1928, launched Cosmos Tours in 1961. The package company was created to provide value-priced European touring for the cost-conscious British traveller. The company initially focused on coach tours, before beginning to offer air holiday packages. In 1968, the success of the company's air package holidays allowed Cosmos to form the airline Monarch Airlines.
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Wikipedia