has put its entire US operation on the market in a move to further reduce its
mountain of debt.
sell-off comes as the operator revealed the disposal of its 70-apartment Oasis
Lakes timeshare accommodation in Florida for £12.7 million.
is believed documents detailing financial data on its US businesses have
already been circulated to possible bidders, who have 10 days to make
said the company could raise more than £185 million, largely through the sale
of Travel Services International, a Florida-based operation with interests in
cruise, hotel, flights and car rental market. MyTravel paid £240 million for
TSI in 2000.
operator declined to comment.
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