The administrators of Resorthoppa have confirmed that both Resorthoppa (UK) and its parent company Resorthoppa were placed in administration on March 4 and the business “acquired by new investors”.
The sale “of the business and assets” to the newly formed Hoppa Group, registered as a company in February, was completed following the administration.
The administrators, acting for KR8 Advisory, also confirmed: “All staff, customers, brands and websites will continue, and services are continuing as normal. HoppaGo customers can still book going forward and all existing bookings have been protected.”
Resorthoppa (UK) only emerged from a three-year corporate voluntary arrangement (CVA) in November. A CVA allows a company to continue trading through a debt-repayment process overseen by administrators. The company made £3.5 million in payments over the three years.
The administrators confirmed the current administrations “do not involve any company voluntary arrangements”.
Creditors of the companies have been told they must file claims with the administrators.
A spokesperson for KR8 Advisory said: “Resorthoppa Ltd and Resorthoppa (UK) Ltd were placed into administration on 4 March 2025 whereby a sale of the business and assets was completed to the Hoppa Group.
“This restructure of the group included equity investment from new investors.”
The new investors have yet to be formally identified as part of the sale or administration process, but the Companies House registration of Hoppa Group identifies US-based transport technology platform Elife Tech as the sole shareholder.
In a “message to travel agent partners”, new company Hoppa Group states: “We are excited to share some important news about the future of hoppaGo
“We have restructured to form Hoppa Group, incorporating our trading brands hoppa (B2C) and hoppaGo (B2B).
“With additional investment, we are expanding our global network and enhancing our technology to further improve efficiency, coverage and reliability.”
The company tells agents: “To reflect this change, you will receive a novation agreement for your approval to transfer the existing hoppaGo agreement from Resorthoppa (UK) to Hoppa Group Ltd.”
A novation agreement involves the replacement of one party to an agreement with the consent of both the original parties and the replacement party.
The message adds: “A communication has already been sent to all clients including consortia members to advise of this change and update.”
It notes: “All services [will be] provided under the hoppaGo brand.”
Resorthoppa (UK)’s most recently available accounts, for the year to December 2023, show an accumulated loss of almost £5.4 million. Its parent Resorthoppa was listed as ‘a dormant company’ with nominal income but with investments in its subsidiary valued at £2.1 million.
Hoppa Group has been approached for comment.