Articles tagged “thomas cook”

Expedia CEO: Mergers and Acquisitions Are Always on the Table

Expedia CEO: Mergers and Acquisitions Are Always on the Table

Dennis Schaal, Skift

An Expedia acquisition of Thomas Cook? While problematic on many fronts, including buying all of those offline agents, it isn't out of the question. Consider that Expedia would gain access to a customer base in Europe that it hardly touches. Expedia's Barry Diller has made a ton of acquisitions. He and Okerstrom are hardly done yet.

6 days ago

Botched Summer Travel Forecast Costs Thomas Cook’s Finance Chief His Job

Botched Summer Travel Forecast Costs Thomas Cook’s Finance Chief His Job

Richard Weiss, Bloomberg

The summer is officially over but the steamy stretch in Europe is still being felt in the travel sector. Tour operator Thomas Cook lowered forecasts and pushed out its CFO, all because people chose to stay put this summer.

4 weeks ago

Thomas Cook Looks to Expedia for Vacation Rental Access

Thomas Cook Looks to Expedia for Vacation Rental Access

Patrick Whyte, Skift

Offering vacation rentals to customers might be some way off, but it shows Thomas Cook is at least thinking creatively about its place in the travel industry. If it is something people want — and they clearly do — then the company needs to at least consider it.

4 weeks ago

Egypt Cites E. Coli as Cause of Death for Thomas Cook Couple

Egypt Cites E. Coli as Cause of Death for Thomas Cook Couple

Richard Weiss and Tarek El-Tablawy, Bloomberg

At least Thomas Cook, the hotel owners, and the Egyptian tourism industry now know the likely cause of death.

1 month ago

Thomas Cook Evacuates 300 Customers From Red Sea Hotel

Thomas Cook Evacuates 300 Customers From Red Sea Hotel

Sylvia Hui, Associated Press

Thomas Cook only recently returned to Egypt and the Red Sea so it was wise for CEO Peter Fankhauser to speak out, vow to find out what happened, and to relocate guests as a precaution. Egyptian tourism, too, finds the tragedy a very unwelcome development.

2 months ago

Every One of Thomas Cook’s 17 Brands, Explained

Every One of Thomas Cook’s 17 Brands, Explained

Patrick Whyte, Skift

Thomas Cook, the man, organized his first trip in 1841, and the travel company that bears his name is still going. After a series of mergers and acquisitions the company now has 17 key brands to focus on. Read our take on each.

3 months ago

European Heat Wave to Singe Thomas Cook’s Profits

European Heat Wave to Singe Thomas Cook’s Profits

Patrick Whyte, Skift

The impact of the heat wave isn't as bad as some expected, but it has put a damper on what was turning out to be a good year.

3 months ago

Mixed Fortunes for European Tour Operators as Summer Season Begins

Mixed Fortunes for European Tour Operators as Summer Season Begins

Patrick Whyte, Skift

Periods of prolonged hot weather can hurt tour operators with potential customers staying at home or booking a domestic trip instead. However, it shouldn't be used as an excuse to mask other problems within a business.

3 months ago

Fosun Gets OK to Spin Off Club Med

Fosun Gets OK to Spin Off Club Med

Bloomberg News, Bloomberg

Talk of Chinese companies abandoning their global approach to dealmaking seems wide of the mark in Fosun's case. The conglomerate is intent on making further acquisitions and spinning off its tourism unit is part of the plan.

4 months ago

EasyJet’s Packaged Vacation Push Won’t Be a Sure Thing

EasyJet’s Packaged Vacation Push Won’t Be a Sure Thing

Patrick Whyte, Skift

How seriously is EasyJet going to take the packaged vacations market? More seriously than it did before for sure, but enough to compete with the plethora of tour operators and online travel agencies out there? At this stage it's hard to tell.

4 months ago

Video: Thomas Cook Group CEO on the Slow Evolution of a 177-Year Legacy

Video: Thomas Cook Group CEO on the Slow Evolution of a 177-Year Legacy

Sarah Enelow-Snyder, Skift

The pace of Thomas Cook Group's evolution seems glacial, but that's part of being a legacy and enjoying the associated brand recognition and market share.

5 months ago

Thomas Cook Is Pulling the Plug on Its Spring-Break Style Vacation Brand

Thomas Cook Is Pulling the Plug on Its Spring-Break Style Vacation Brand

Richard Weiss, Bloomberg

It's funny how the definition of cool can change over the course of a generation. Like Beanie Babies, AOL Instant Messenger, and mixtapes – Club 18-30 vacations belong to a different era.

5 months ago