Articles tagged “thomas cook”

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

TUI CEO Fritz Joussen sounded much more upbeat than he did last December. While the Max grounding continues to cause problems for the company, holiday bookings for summer 2020 have grown. For now, it thinks it has the edge on its remaining competitors.

The absence of Thomas Cook has left a big gap to fill in a number of European markets. The early signs in the key January booking period point to a pretty good year for tour operators. Although as we know from experience, that can quickly change.

The deal secures Condor's immediate future. But can a small carrier group really hope to compete against the might of Lufthansa and low-cost carriers such as Ryanair?

New players create unique tours such as an inside look at the disappearing trades of Singapore. If they aren’t encouraged and supported, the city’s inbound travel agencies could disappear.

In short, Asia's travelers are looking to go far, far from the madding crowd.

TUI continues to have ambitious plans, and its quest to move away from the traditional tour operating market seems sensible given the problems endured by one of its biggest competitors. But good intentions often get derailed by outside circumstances. Can it stay the course in 2020?

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

On the Beach's purchase of Classic Collection Holidays now looks like a strategic masterstroke in light of the collapse of Thomas Cook. Brick-and-mortar travel agents in the United Kingdom lost a holiday supplier, and the company has a ready-made alternative on offer.

With one of the biggest names in UK travel exiting the market, there's space for other travel firms to pick up some of the travel demand. It's not going to be easy with plenty of Brexit uncertainty in the market as well as lots of competition.