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

Greece Allocates €30m to Thomas Cook-hit Businesses

Thirty million euros will be allocated to tourism enterprises impacted by the collapse of Thomas Cook UK, according to Greek Tourism Minister Harry Theoharis.

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.

Greece’s New Tourism Campaign to Focus on New Markets, Affluent Travelers

Greece's new tourism strategy for 2020 will focus on new markets and affluent travelers, according to GNTO Secretary General Dimitris Fragakis.

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.

Thomas Cook Shutdown: Greek Gov’t Vows to Stand by Affected Tourism Businesses

The Greek government will stand by the country’s businesses that have been affected by the Thomas Cook shutdown, says Tourism Minister Harry Theoharis.

Thomas Cook Collapse May Cost Greek Tourism €500m

The losses for Greek tourism enterprises from the collapse of UK travel giant Thomas Cook could exceed 500 million euros in the long run.