TUI Will Cut Budgets, Freeze Hiring to Deal With Coronavirus Spread
TUI Will Cut Budgets, Freeze Hiring to Deal With Coronavirus Spread - Travel Services · 3 Mar

This seems like a sensible approach from TUI. At the moment, there are just too many unknowns, but it does seem like things will get worse before the

TUI Bets Big on Taking Thomas Cook Market Share - Travel Services · 11 Feb

TUI CEO Fritz Joussen sounded much more upbeat than he did last December. While the Max grounding continues to cause problems for the company, holida

Thomas Cook's Collapse and the Strange Hope It's Giving Tour Operators - Travel Services · 4 Feb

The absence of Thomas Cook has left a big gap to fill in a number of European markets. The early signs in the key January booking period point to a p

Thomas Cook Collapse Costs Tours Company Focused on Baby Boomers $5.26 Million
Thomas Cook Collapse Costs Tours Company Focused on Baby Boomers $5.26 Million - Travel Services · 28 Jan

When a huge company goes under, others feel its impact. Saga's cruise business is performing well but tour operating is proving much tougher.

Fosun to Relaunch Thomas Cook Brand in 2020 - Travel Services · 13 Dec

Fosun is understood to be launching a new Thomas Cook platform to attract European clients. It has to do what Thomas Cook failed to do, plus restore

TUI Looks Set for a Challenging 2020 Even Without Competitor Thomas Cook
TUI Looks Set for a Challenging 2020 Even Without Competitor Thomas Cook - Travel Services · 11 Dec

TUI continues to have ambitious plans, and its quest to move away from the traditional tour operating market seems sensible given the problems endure

Travel Leaders Group Aims to Accelerate UK Growth After Thomas Cook Collapse - Travel Services · 27 Nov

With one of the biggest names in UK travel exiting the market, there's space for other travel firms to pick up some of the travel demand. It's not go

Fosun Swoops on Thomas Cook Brand Names - Travel Services · 1 Nov

Given Fosun's desire to help keep Thomas Cook afloat, the news shouldn't come as a surprise, especially since the Chinese company's Foliday ecosystem

Thomas Cook's Nordic Business Gets New Owners - Travel Services · 30 Oct

Even though Thomas Cook Group is no longer around, parts of the company live on. The Nordic business was pretty profitable, crucially has strong loca

5 Takeaways From the UK's Thomas Cook Inquiry - Travel Services · 15 Oct

Inquiries like these are often pretty brutal on company executives. Former CEO Peter Fankhauser shoulders a lot of responsibility for what went down

Thomas Cook UK Shops Sold to Retail Rival Owned by Husband-and-Wife Team - Travel Services · 9 Oct

Given the state of the traditional retail industry, on the surface this appears to be a risky deal but Hays Travel is a profitable, growing business

The 6 Things Shaping Hotel Retail - Travel Services · 8 Oct

Locally curated retail provides hotel brands with an opportunity to continuously evolve and stay current within a neighborhood, all while deepening t

Travel Agencies Still Make 7 Times More in Commissions Than Fees - Travel Services · 7 Oct

Travel advisors need to further diversify their revenue beyond commissions. That's for sure.

Can Thomas Cook's Surviving Brands Find New Homes?
Can Thomas Cook's Surviving Brands Find New Homes? - Travel Services · 24 Sep

Thomas Cook wasn't just a UK business: it had operations across Europe, some of which were pretty profitable. They're now in a race against time to s

Thomas Cook Plans $940 Million Rescue With Fosun as Breakup Looms - Travel Services · 12 Jul

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.

How Sunweb Is Taking On Europe's Biggest Tour Operators - Travel Services · 11 Jul

Package holidays are still popular across much of Europe, and companies like Sunweb think there are plenty of opportunities for growth. Buying up riv

Inside IHG's Plan to Rejuvenate Regent - Travel Services · 10 Jul

For years Intercontinental Hotels Group lacked the brands to truly compete at the luxury end of the hotels market but by buying Regent and Six Senses

Travel Advisors Book Sri Lanka Again Thanks to Downgraded Warnings - Travel Services · 9 Jul

Tourism to Sri Lanka was riding high until the Easter massacre all but shut it down. Now that foreign governments are scaling back their travel warni

Cox & Kings to Sell Businesses to Raise Much-Needed Cash - Travel Services · 28 Jun

With the hostel market still so fragmented, the Meininger business would make an attractive option for one of its rivals or perhaps a private equity

Travel Manager TripActions Raises Another $250 Million - Travel Services · 27 Jun

TripActions now claims to be worth $4 billion after raising nearly half a billion dollars. Raising so much money in such a short time raises question

Fosun Moving Forward on Thomas Cook Offer After Exec Drops Hint - Travel Services · 8 Jun

You heard in Singapore first. The CEO of the Fosun Tourism Group did not deny the company was moving ahead with a larger play for Thomas Cook at Skif

Serko Staffs Up for Pivotal Year of International Growth - Travel Services · 31 May

Serko is taking its Zeno corporate travel tool global. Scaling the company is coming at a cost, but corporate leadership is hopeful that the spending

Imperiled Thomas Cook in Talks to Sell Nordics Division - Travel Services · 23 May

Given that Thomas Cook released a statement about the potential sale, this looks pretty serious. But it begs the question: Just what will Thomas Cook

Preventing Fraud Is Still a Problem for Travel Managers - Travel Services · 17 May

Beyond employees getting wasted or buying forbidden flight upgrades with their corporate cards, the fear of large-scale data breaches has travel mana

Thomas Cook Tries to Stem the Bleeding After $1.9 Billion Loss - Travel Services · 16 May

Announcing such a big loss is not a good look for any company, but Thomas Cook management will be hoping they've got all of the bad news out at once

What Embattled Thomas Cook Must Do to Stay Alive - Travel Services · 12 May

The debt-laden European tour operator's ongoing struggles are reaching a breaking point. It's still possible to get its house in order, though, and i