Articles tagged “thomas cook”

Three Months In, UK Travel Industry Learning to Live With Brexit

With the UK government seemingly determined to sever all ties with the European Union, things don’t look great for the travel industry. For the time being there’s not much companies can do but hope for the best.

2 weeks ago

Thomas Cook Closes 28 More Offices in Shift Away From Downtown Locations

Thomas Cook’s disastrous merger with The Co-operative Group in 2011 gave it more than 1,200 retail shops at a time when the public was switching to online sales. Gradually it has been trying to reduce this number while at the same time improving those deemed to be in key locations.

3 weeks ago

Thomas Cook Continues to Reshape Its Business With Hotel Outsourcing Deal

Thomas Cook wants to offer more exclusive product to try and tempt holidaymakers, so it makes sense for it to find someone else to take care of its less lucrative business.

2 months ago

Europe’s Largest Tour Operators Are Doing Well Now But It’s Next Year That Matters

Strange as it may sound, tour operators appear to be in a good position this summer. The real challenge will come later this year and early next year when a Brexit-induced hangover may kick in.

2 months ago

Thomas Cook Stocks Drops to 3-Year Low On Turkey and EgyptAir Plane Worries

Turkey is Thomas Cook's second largest destination and the unsettling security situation there has hurt demand. Worries over the EgyptAir missing plane sent Thomas Cook's shares lower, as well.

5 months ago

Lufthansa Looks at SAS in Move to Accelerate Airline Consolidation in Europe

Lufthansa's CEO on airline consolidation in Europe: “So we are speaking with everyone, and everyone is speaking to us.” Enough said.

6 months ago

Thomas Cook Extends Its Sharm el-Sheikh, Egypt Travel Ban Until Fall

Thomas Cook doesn't make decisions like this lightly. It's a clear sign of the brand's dropping confidence in Egypt's leadership and the country's safety for package tourists.

8 months ago

Thomas Cook Sees More Demand for Old-School Packaged Tours Due to Terror Fears

Tour groups aren't immune to danger from terrorists any more than travelers who aren't on tours. It's tour operators' customer service on the ground and ability to facilitate travel disruptions that has some travelers flocking to them.

9 months ago

Thomas Cook’s Airline Unit Woos Lufthansa for Partnership

Thomas Cook is facing increased competition in the Caribbean and a partnership with Lufthansa could help the tour operator to control its costs.

10 months ago

Thomas Cook Trying to Get the Cash It Needs to Compete with TUI, Expedia and More

We would argue that by comparing itself to what TUI is doing Thomas Cook is missing some of the bigger changes in travel consumers' behaviors.

1 year ago

Tunisia and Greece Tourism Woes Create $100 Million Hit to Thomas Cook

It may hurt Thomas Cook this quarter, but it has thousands of customers that it did right by after the Tunisia attack who will speak well of it for years.

1 year ago

Former Thomas Cook CEO Harriet Green Gets $8.8 Million Bonus

Harriet Green was eligible to receive up to 7.1 million shares of Thomas Cook based on the company's performance but was only awarded 4.1 million. Some on the board were clearly not totally happy with the ex-CEO.

1 year ago