Audley Travel, which was sold for £95 million three years ago, will be sold again for £200 million later this year, ITT overseas conference delegates heard today.
The disclosure came from BDO head of mergers and acquisitions, Peter Hemington.
Private equity investors Equistone Partners Europe took a stake in Audley Travel in 2012.
The Oxfordshire-based company, founded as Asian Journeys in 1996, specialises in tailor-made tours and safaris.
The operator, which has annual revenues of £150 million, opened its first US office in Boston and a London base last year.
It employs 350 people and is headed by chief executive Ian Simkins.