The 27-year-old will spend one week away with her Girls Aloud bandmates Nicola Roberts, 25, and Kimberley Walsh, 29, and another one with pop star Rihanna, according to British newspaper The Sun.
Her holiday news comes after it was revealed last night that the Geordie star has been replaced by Nicole Scherzinger as a judge on the US version of X Factor.
Barbadian beauty Rhi Rhi, 23, is reportedly taking her home to Barbados for a break and so they can work on a new song together.
Cole is then heading off with Nicola and Kimberley to southern Europe.