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Travel & Tourism industry news by Greek Travel Pages (gtp)

Greece: New Relief Actions for Thomas Cook-affected Businesses

Relief measures were announced for Greek tourism businesses affected by the collapse of Thomas Cook.

Moody’s Says Thomas Cook Collapse May Take Toll on Greek Banks

Greece's banks may be next to suffer the blow of the Thomas Cook downfall, according to a report by ratings agency Moody’s.

Thomas Cook Backlash: Greek Hoteliers Call for Relief Measures

The Hellenic Federation of Hoteliers estimates that hotels across Greece will face losses of 200 million euros as a result of Thomas Cook’s collapse and calls on the government to take relief measures.

Greek Hotels Chief: Biggest Challenge 2020 Gap After Thomas Cook’s Demise

Greek hospitality stakeholders must work together to address the consequences Thomas Cook’s collapse will have on tourism next year, says HCH President Alexandros Vassilikos.
Photo by GTP
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Economy Ministry: Stayover Tax Exemption for Thomas Cook-impacted Hotels in Greece

Greek hotels impacted by the collapse of Thomas Cook will be exempt from paying a stayover tax as a first support measure.

Thomas Cook Domino Effect Shuts Down German, Polish Units

Thomas Cook’s German and Polish subsidiaries are entering bankruptcy proceedings and ceasing operations, following the group's collapse.

US Court Move Wins Thomas Cook Time for Rescue Deal

Thomas Cook has filed for Chapter 15 bankruptcy protection in the United States, aiming to proceed with its rescue scheme.

Fosun Steps in with Rescue Plan for Ailing Thomas Cook

High debt levels, strong competition and Brexit uncertainty have driven Thomas Cook Group to agree to the terms of a rescue injection by Fosun Tourism.
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Thomas Cook – Fosun Examine Rescue Plan

Thomas Cook Group is in advanced talks with its largest shareholder, Fosun Tourism Group, to secure a 750-million-pound cash injection.

Thomas Cook Launches #noplaceforplastic Campaign from Rhodes

Thomas Cook has launched an environmental project tagged #noplaceforplastic at its Sunwing Kalithea hotel on the island of Rhodes.

Thomas Cook to Open First ‘Cook’s Club’ Hotel on Crete

Thomas Cook has announced the launch of its new "Cook’s Club" hotel brand, with the first unit opening in June in Hersonissos on Crete.

Greece, Cyprus Top ‘Sunshine Saturday’ Choices for the Brits

Greece and Cyprus are at the top of British travelers’ bucket lists, according to travel agents working full speed ahead for 'Sunshine Saturday’, the busiest day for holiday bookings in the UK

Thomas Cook to Open New ‘Sunprime’ Hotel on Kos in Summer 2018

Aiming to expand its presence in Greece, British travel company Thomas Cook will open a new "Sunprime" hotel on Kos in summer 2018.

Thomas Cook Boosts Greece Presence with New Hotels

It’s a busy year ahead for British travel company Thomas Cook with ambitious plans to expand its presence in Greece with four new hotels.

TUI, Thomas Cook Say Brisk Demand for Greece

Global tour giants TUI and Thomas Cook say the number of bookings for Greek destinations has grown significantly this summer.

World’s Safest Airlines for 2015 Announced

Safety and product rating website AirlineRatings.com recently announced its top ten safest airlines and top ten safest low cost airlines for 2015 from the 449 it monitors.