Displaying items by tag: thomas cook

Tourism, which accounts for about a quarter of Greece’s gross domestic product, will grow in 2020 despite the blow dealt to the sector last year by the collapse of British travel giant Thomas Cook, Tourism Minister Haris Theoharis told Reuters in an interview on Thursday.

Greek Tourism Minister Harry Theoharis announced this week that 30 million euros would be allocated to tourism enterprises impacted by the collapse in September of Thomas Cook UK to cover employer contributions.

Fosun is expected to acquire the Thomas Cook brand and the Casa Cook and Cook’s Club hotels, according to information from Shanghai, where the Chinese giant has its headquarters.