Published on : Friday, September 27, 2019
The fall down of Thomas Cook, the British tour operator giant has created tension in the local hotel industry, which has yet to decide on the effect it will have on that sector, which has by now being hit by …
Published on : Friday, September 27, 2019
On Tuesday, the Mediterranean’s leading tourist hotspots were bracing for a “tsunami” of losses, which could amount to hundreds of millions of Euros, after the collapse of British tour operator Thomas Cook. Besides the urgent need to send home …
Published on : Thursday, September 26, 2019
The short-term impact of British travel giant Thomas Cook’s bankruptcy is being assessed by TUI stating that its own business model ‘proves to be resilient’. Friedrich Joussen, CEO of the Hanover-headquartered travel and tourism company said that …
Published on : Thursday, September 26, 2019
The breakdown of the UK’s Thomas Cook travel business will drop the numbers of British tourist arrivals to Thailand for the remainder of this year. Yuthasak Supasorn, governor of the Tourism Authority of Thailand explains that they are also …
Published on : Thursday, September 26, 2019
The fall down of a travel company or airline not merely impact the travelers stranded abroad. At the same time it creates a massive negative impact on the economy of the nation. British travel firm Thomas Cook, which manages …
Published on : Thursday, September 26, 2019
Thomas Cook’s closing down poses a serious challenge for Bulgarian tourism, with dozens of Black Sea hotels facing losses of around tens of millions of dollars as negotiations for the next summer season take place. Thomas Cook had been …
Published on : Wednesday, September 25, 2019
The fall down of Thomas Cook, the British travel group has hit the Spanish tourism industry in a negative way. Every year, about 3.6 million passengers travel to Spain via Thomas Cooks’ regular and chartered flights. According to data from …
Published on : Wednesday, September 25, 2019
Traffic jams snaking down the highway and endless queues at airport counters has become the familiar sight of summer holidays in Germany these days. But how did it come to this after centuries since German pilgrims became some of the …
Published on : Wednesday, September 25, 2019
Spain’s tourism minister Maria Reyes Maroto said that the collapse of British tour operator Thomas Cook will have “a very negative impact” on Spain. Maroto said that she has been in touch with hotel chains to execute strategies to …
Published on : Tuesday, September 24, 2019
After Thomas Cook’s collapse other travel operator are threatened and according to Nick Wyatt, Head of Resercah and Analysis for Travel and Tourism at GlobalData which is a leading data and analytics company that Tomas Cook’s demise was due to …
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