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Articles tagged “fosun”

Online Travel

Newly Agile Thomas Cook Is Resurrected in a Pandemic to Be an Online Travel Player

New owner Fosun will be banking on people fondly remembering this historic name, rather than reflecting on its spectacular collapse just one year ago.

Newly Agile Thomas Cook Is Resurrected in a Pandemic to Be an Online Travel Player

Coronavirus

How an Israeli Startup Wants to Help Hotels Up Their Online Booking Game During Crisis

Splitty's acquisition of Cancelon's assets is notable because it highlights a seemingly clever way to advertise on travel price-comparison sites. Think of it as "metasearch arbitrage."

How an Israeli Startup Wants to Help Hotels Up Their Online Booking Game During Crisis

Business Travel

How Thomas Cook’s European Businesses Are Now Divvied Up Among Rivals

Thomas Cook collected its fair share of brands over the years. Now rivals are picking over what remains of the group.

How Thomas Cook’s European Businesses Are Now Divvied Up Among Rivals

Tourism

Greenwashing Goes On in Asia’s Massive Hotel Development

Asia leads the global hotel pipeline and many more luxury hotels and wellness resorts will be opening in its fragile environments. Low-impact advocates are trying to lead by example, but they're too small and too few to effect a sea change.

Greenwashing Goes On in Asia’s Massive Hotel Development

Business Travel

Fosun Swoops on Thomas Cook Brand Names

Given Fosun's desire to help keep Thomas Cook afloat, the news shouldn't come as a surprise, especially since the Chinese company's Foliday ecosystem features the storied brand name.

Fosun Swoops on Thomas Cook Brand Names

Tourism

Thomas Cook Is Dead, Long Live Thomas Cook — in Asia

Thomas Cook Group may have caved in, but in China and India, the companies that bear the name are profitable. Why?

Thomas Cook Is Dead, Long Live Thomas Cook — in Asia

Business Travel

Asia Reels From Thomas Cook’s Collapse as Travel Businesses Sort Through the Confusion

Kuoni died, and now Thomas Cook, even though the jury is out if it's just the UK business or continental Europe or the Nordic operations as well. Thomas Cook's tour operating market in its glory days practically made Asia tourism, so many across the region are mourning this loss, reconciling themselves with the fact that nothing lasts forever.

Asia Reels From Thomas Cook’s Collapse as Travel Businesses Sort Through the Confusion

Tourism

How Not to Close an Island: Tourism Lessons From Indonesia

Closing islands for a rehab seems fashionable in Southeast Asia. It shouldn’t be. Authorities must first assess options carefully, and by no means should premature announcements be made. Just look at the Komodo Island example and the wrong messages Indonesia has sent about one of its most unique tourism assets.

How Not to Close an Island: Tourism Lessons From Indonesia

Business Travel

Thomas Cook Closes In on $1.1 Billion Rescue Deal

Thomas Cook's chances of escaping its current financial mess still rest in the hands of Fosun and its creditors. While Wednesday's announcement is good news for travelers and the company's employees, there are still a number of hurdles to clear.

Thomas Cook Closes In on $1.1 Billion Rescue Deal

Business Travel

Thomas Cook Plans $940 Million Rescue With Fosun as Breakup Looms

The news isn't great for shareholders, but it does offer some encouragement to employees and anyone who has booked a flight or holiday this summer.

Thomas Cook Plans $940 Million Rescue With Fosun as Breakup Looms