Thomas Cook's Failure to Adapt and 15 Other Top Digital Stories This Week

Debt, Egos and Bad Decisions: How Thomas Cook Failed to Adapt to a New Era of Travel: Thomas Cook’s collapse was a disaster played out in slow motion. An ill-fated acquisition spree, a bloated retail footprint, and a commoditized product left it unable to deal with changes in consumer behavior and economic shocks. What Is the Future of Packaged Vacations After Thomas Cook’s Collapse? Package holidays are changing and under pressure, but in markets such as the UK, Germany, China, and Canada, these offline options still have their place. Failure to adapt was a contributing factor in Thomas Cook's failure, but there were a whole bunch of other things going on as well. New Resort Fee Legislation Would Disrupt How Hotels Are Sold Online: Some hotels view resort fees as key to business and argue that they are already transparent in how they advertise them. Consumers,