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

Thomas Cook Germany Goes Down Too

The Thomas Cook domino effect continues to be in full swing with its Germany subsidiary, Thomas Cook GmbH, announcing that it has cancelled all trips for 2020.

China’s Fosun Acquires Thomas Cook for $14.2m

Chinese conglomerate Fosun said it would be purchasing Thomas Cook for $14.2 million, weeks after the travel giant collapsed leaving thousands of holidaymakers stranded.

Expert: Greek Hoteliers Must Limit Reliance on Tour Operators

Greek hoteliers must expand their partnerships in the wake of Thomas Cook’s collapse, according to tourism industry expert Andreas Papatheodorou.

Thomas Cook: Greece Aims to Cover Lost Ground via Tourism Promo Drive

A new tourism campaign to launch in Greece in January, is one of many emergency measures taken in the aftermath of Thomas Cook’s collapse.

OAED: Scheme to Secure Jobs for Greek Tourism Businesses after Thomas Cook Ruin

OAED has announced another support measure for Greek tourism professionals affected by the ruin of Thomas Cook.

Thomas Cook Default Impacts 38 Countries, 8.6m Flight Seats

Thirty-eight countries and 8.6 million seats will be affected by the bankruptcy of UK tour operator Thomas Cook, says a recent analysis.

Greece’s Thomas Cook Repatriation Operation in Full Swing

The repatriation process of the tourists stranded in Greece due to the collapse of Thomas Cook, should be completed in the next few days.

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.
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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.

Thomas Cook Group Enters Administration, Thousands Stranded in Greece

UK global travel group Thomas Cook on Monday announced that it is entering into compulsory liquidation with immediate effect.

Athens Goes Festive this Christmas Season with Events for All

The city of Athens will be celebrating Christmas and ushering in the New Year with hundreds of community activities around town offering both holiday cheer as well as charity for the needy.

‘Telegraph Travel’ Tribute to 19 Best Greek Islands

In its latest photo series, Telegraph Travel has selected the 19 best Greek islands for all tastes.