Tourists continue to flock to Greece despite the recent deadly fires outside Attica, reports German business paper Handelsblat days after the World Tourism Organization (UNWTO) reassured travelers that the country was a safe destination.
thomas cook
Tour Operators Anticipate “Sunshine Saturday 2018”
According to reports from Thomas Cook and TUI, International tour operators and travel agents are preparing for this year’s “Sunshine Saturday”, which is one of the busiest booking holidays.
Spain Prices Boost Southeastern Europe Sales
Hotel price hikes in Spain have prompted big travel entities to opt for Greece and Balkans destinations.
Thomas Cook Group executives say they expect a 40% rise in demand for Greek destinations.
Thomas Cook PLC Stocks Up on Sale And Shakeup News
Six months into a stent as managing director of Thomas Cook’s UK outfit, Reto Wilhelm returns to Switzerland. Set to resume control of the East-West region, Wilhelm supposedly left UK for personal reasons.
Thomas Cook: If to Get Hitched In Crete, Rhodes, Cyprus or Turkey
Aiming to get hitched soon, seven of Thomas Cook’s exclusive resorts on Crete, Cyprus, Rhodes and in Turkey will offer new wedding packages to temp soon to be newlyweds. The all new overseas Weddings brochure, combines Thomas Cook and Thomas Cook Signature products into one portfolio.
Thomas Cook Goes to “Go-To” Digital Gurus
adds digital gurus from around the social/digital web to their advisory board. According to news from TravelMole, hiring marketing guru Remo Masala from Kuoni set the tone for TC’s ongoing upramp into digital.
Thomas Cook Sells Off North America Operations for Peanuts
Thomas Cook Group PLC has announced selling their North American operations to Canada firm Red Label Vacations Inc. According to the news, the deal was worth only $5.2 million from the firm that operates travel website www.redtag.ca.
Thomas Cook Cutting More High Street Employees
Horrible news for high street and travel, Thomas Cook will cut some 2,500 UK jobs and close nearly 200 agencies according to news from Reuters, the world’s oldest travel firm. The Euro and other economic crises in key markets for Cook are to blame for what might end a fatal blow to the 172 year old company.
Thomas Cook Plans To Expand Global Online Presence
Thomas Cook has signaled its intention to expand into international markets and make its holiday offerings available to a much wider audience than ever before, with the announcement that it plans to translate its website into several major languages for the first time.
Euro – Greece Futures: Are They Parallel?
As Greece slides further into the unknown, many European travel companies are reportedly preparing for the country to exit the eurozone. Yesterday the government announced new elections to be held in June after efforts to hammer out a new government failed this week. Thomas Cook, and other major travel players, are preparing for the eventuality of a Greek withdrawal.
Debt Problems Mount for Thomas Cook
For the British tour operator Thomas Cook, things seem to be going from bad to worse as it struggles to reduce its reported £1 billion debt. On the back of an announcement that it’s planning to close one sixth of its 1,300 travel agents in the UK, the company has now reported pre-tax losses of £398 million after it was hit by a number of damaging writedowns totaling over half a billion UK pounds.
Thomas Cook Buys Time With Spain Divestiture
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.
Thomas Cook Woes Widen
One of the world’s most venerable travel companies, Thomas Cook, appears to be on the ropes. The tour operator, second largest in Europe, saw its shares sink 75 % at close, on top of other company troubles.
Thomas Cook Celebrates 170th Anniversary
If you’ve ever wondered how travel companies like Thomas Cook got so prominent, last weeks 170th anniversary of their founders holidays should be a clue. Thomas Cook’s first hosted tour, a train ride with 500 demonstrators back in 1841, launched maybe the world’s most respected holiday travel company.
Thomas Cook to Cut 500 Positions in UK
Thomas Cook will cut 500 managerial and support jobs in the UK, in addition to renegotiating supplier costs and reducing its buying requirements, and upgrading its IT infrastructure.