Patrick Whyte, Skift
The Max grounding overshadowed a decent set of results. TUI will be hoping the safety issues are ironed out well in advance of next summer, the period when profits can be the most robust.
5 days ago
Christopher Jasper, Bloomberg
The need for an additional $181 million implies that things have gotten worse for Thomas Cook since the news of Fosun's rescue bid emerged last month. The situation needs to be resolved quickly.
6 days ago
Dennis Schaal, Skift
TripAdvisor and Booking Holdings are seemingly playing nice and fair with the tours and activities companies for now, but what happens five years from now when competition gets more intense and extracting profits is more of a mandate? Will push come to shove?
1 week ago
Asli Kandemir, Luca Casiraghi and Richard Weiss, Bloomberg
How much longer can Thomas Cook stay silent? With Neset Kockar fleshing out his plans, the tour operator will surely have to say whether or not it views his approach as credible.
1 week ago
Simon Foy, Bloomberg
It sounds like we should be preparing ourselves for a new takeover approach. The question is what will Fosun do if and when it comes?
2 weeks ago
Dennis Schaal, Skift
Expedia and Ctrip are the two large online travel companies that have so far not acquired a technology partner to foster the growth of their tours and activities' businesses. GetYourGuide argues that these tech/connectivity companies should remain independent, but how long will it be before some of these smaller companies get scooped up?
2 weeks ago
Joe Easton, Bloomberg
Now this is a head-scratcher. It's difficult to understand the rationale behind this move but it may help persuade Fosun to hurry up with its rescue plan.
2 weeks ago
Patrick Whyte, Skift
Things look to have deteriorated rapidly at Cox & Kings. Can it now raise enough money to stop itself from going out of business?
2 weeks ago
Andrew Sheivachman, Skift
The effects of climate change and overtourism on global destinations will converge over the course of the coming decades. Leaders need to start planning now for a world defined by overcrowding and limited resources.
3 weeks ago
Patrick Whyte, Skift
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.
1 month ago
Patrick Whyte, Skift
Package holidays are still popular across much of Europe, and companies like Sunweb think there are plenty of opportunities for growth. Buying up rival tour operators helps with scale, as does the struggles of a competitor like Thomas Cook.
1 month ago
Maria Lenhart, Skift
As antagonism intensifies between the Trump administration and Iran, some American tourists are rethinking plans to visit the country. Barring the start of military activity, tour operators say Iran is a safe and hospitable destination even for U.S. visitors.
1 month ago