Argophilia

Travel news you want to read.

  • Greece
  • Crete
  • Eastern Europe
  • Travel Technology
  • World
    • Airlines
    • Hotels
  • Luxury Real Estate
  • Greece
  • Crete
  • Eastern Europe
  • Travel Technology
  • World
    • Airlines
    • Hotels
  • Luxury Real Estate

Spain vacations

Thomas Cook Buys Time With Spain Divestiture

2011-12-14 by Aleksandr Shatskih

Thomas Cook

Beleaguered Thomas Cook has unloaded gold and hotel business in Spain to help slash debt which has crippled their business of late. The 170 year old company will be selling their stake in Hoteles Y Clubs De Vacaciones for a reported £72 million. The news comes in advance of delayed Thomas Cook annual results which will almost certainly spur massive store closings and job losses.

Tags: debt, Hoteles Y Clubs De Vacaciones, Iberostar, Sam Weihagen, Spain hotels, Spain travel, Spain vacations, TC, thomas cook, travel agencies, travel agency, travel companies

Featured Stories

Peskesi Organic Farm

Peskesi Organic Farm: Pioneering Regenerative and Biodynamic Agriculture on Crete Island 

Crete olive oil

Winter: The Season for Olive Harvest in Crete

Beach Tennis

Greece Showing Off at 3rd Mediterranean Beach Games

EyeWide

This Really Is – Incredible Crete

Stories of Interest

Zagori

Historic Zagori Is Now a UNESCO World Heritage Site

2023-09-21 By Victoria Udrea

Plan your next adventure to Zagori, the newly listed UNESCO World Heritage site. Immerse yourself in its ancient wonders and natural wonders.

Olive Project Athens Urban Park in Votanikos

Olive Project Votanikos: A Massive Urban Park to Open in 2025 in Athens

2023-09-18 By Victoria Udrea

Through carefully integrating rain gardens, artificial hills, and meticulous design, the Olive Project park will become a green oasis in the heart of Athens.

More Eastern Europe travel news

  • Authors
  • Contributors
  • Submit Press Release
  • Contact
  • Privacy Policy

COPYRIGHT © 2023 · ARGOPHILIA TRAVEL NEWS