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Thomas Cook ripples

Thomas Cook ripples

Old Oct 13th 2019, 8:41 am
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Default Thomas Cook ripples

https://www.bbc.co.uk/news/world-europe-49997775

The sad loss of this company will hit Spain in the coming months
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Old Oct 13th 2019, 1:58 pm
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Default Re: Thomas Cook ripples

Originally Posted by bob_bob View Post
https://www.bbc.co.uk/news/world-europe-49997775

The sad loss of this company will hit Spain in the coming months
Yes see the Spanish government has already put in place special financial support package for the key tourist areas such as the Canary Islands. Almost 4000 jobs directly affected in the hotel sector in Spain
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Old Oct 13th 2019, 4:26 pm
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Default Re: Thomas Cook ripples

One hotel closed on one of the Canary islands that had an exclusive deal with Cooks, more to come
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Old Oct 13th 2019, 4:29 pm
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Default Re: Thomas Cook ripples

Yes El Pais covered it as well

https://elpais.com/elpais/2019/09/30...35_516388.html

Hard to believe some hotels relied 100% on Thomas Cook.
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Old Oct 13th 2019, 9:53 pm
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Default Re: Thomas Cook ripples

Hays travel have bought out all the Cook shops and will be taking on many of the old staff but I would guess it will take months to get all the contracts renewed etc and in place for 2020 summer Come new year families start looking at summer breaks and there will certainly be less on offer next year.

I would guess Ryanair and Easyjet will be upping prices in the months ahead.
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