Thomas Cook Group
Thomas Cook Group plc was a global travel group, headquartered in the United Kingdom and listed on the London Stock Exchange from its formation on 19 June 2007 by the merger of Thomas Cook AG — successor to Thomas Cook & Son — and MyTravel Group until 23 September 2019, when it went into compulsory liquidation. The group operated as a tour operator and airline, and also operated travel agencies in Europe. At the time of the group's collapse, approximately 21,000 worldwide employees were left without jobs (including 9,000 UK staff) and 600,000 customers (150,000 from the UK) were left abroad, triggering the UK's largest peacetime repatriation. After the collapse, segments of the company were purchased by others, including the travel stores in the UK, the airlines, the Thomas Cook name and logo, the hotel brands and the tour operators. Thomas Cook India has been an entirely separate entity since August 2012, when it was acquired by Fairfax Financial and thus was not ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Frank Meysman
François Louis Virginie Meysman (born 6 April 1952) is a businessman best known for being the Chairman of Thomas Cook Group at the time of its collapse. Early life He was born in Brussels, Belgium. He trained at the Vlekho in Brussels. He also has a degree from the Vlerick Leuven Gent Management School which is part of Ghent University. Career From 1977 to 1986 he worked for Procter & Gamble. From 1986 to 1990 he worked for Douwe Egberts, the Dutch coffee brand, as deputy Marketing Director, later becoming its Marketing Director. From 17 May 2006 until 9 November 2011 he was Chairman of the Supervisory Board of the Dutch engineering consultancy Grontmij. From 2003–5 he was the Chief Executive of the Conseil de la Publicité (Raad voor de Reclame – the Belgian Advertising Standards Board). From 1 October 2007 he was Chairman of the Supervisory Board of the Dutch company Corporate Express. He was also a Director of the private equity company GIMV (Gewestelijke Investerings Ma ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hays Travel
Hays Travel Limited is an independent travel agent chain headquartered in Sunderland, England. , the company has the largest number of retail travel shops in the United Kingdom, at 494. Nearly 90% of the company's bookings are made using travel consultants in its retail outlets. In 2023 Hays Travel also began selling holidays via their website. History Hays Travel was founded in 1980 by John Hays in Seaham, Durham. Hays initially opened a small retail store behind his mother's clothing store. Since May 2018, Hays Travel reached sales of over £1 billion. The company's turnover increased by £42 million over 2017, when pre-tax profit was up slightly to £10.1 million. At the time, the company had around 1,500 employees. Expansion On 9 October 2019, Hays Travel announced that it had purchased all the stores of the travel agency Thomas Cook Group, another large travel group headquartered in the UK, which were expected to close due to the business entering liquidation during ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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The Guardian
''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in its journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. S ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Thomas Cook Group Airlines
Thomas Cook Group Airlines Limited was an airline holding company of the defunct British Thomas Cook Group. The airlines operated as a single operating segment of the Thomas Cook Group to allow aircraft to be used when and where they were needed. There were five members of the airline division at the time of the airline's closing, consisting of Condor (airline), Condor, Thomas Cook Airlines, Thomas Cook Airlines Balearics, Thomas Cook Airlines Scandinavia, and Thomas Cook Aviation. The airline operated with a total of 105 aircraft based in the United Kingdom, Denmark and Germany. History In 2013 the CEO of Thomas Cook Group, Harriet Green, merged the British Thomas Cook Airlines, Danish Thomas Cook Airlines Scandinavia, German Condor (airline), Condor, and the now-defunct Thomas Cook Airlines Belgium into one single operating segment, after the closing of Thomas Cook Airlines Canada. The United Kingdom's Civil Aviation Authority announced on 23 September 2019 that the group ha ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Cruise Line
A cruise line is a company (law), company that operates cruise ships that operate on Cruising (maritime), ocean or River cruise, rivers and which markets cruises to the public. Cruise lines are distinct from Passenger ship, passenger lines which are primarily concerned with transportation of passengers. Though cruise packages provided by cruise lines vary, there are some features most have in common, such as accommodation, all meals and entertainment. They may include alcohol and shore excursions, sometimes on additional payment. Among cruise lines, some are direct descendants of the traditional passenger lines, while others were founded since the 1960s specifically for cruising. The business has been extremely volatile; the ships are massive capital expenditures with very high operating costs, and a slight dip in bookings can easily put a company out of business. Cruise lines frequently sell, renovate, or simply rename their ships to keep up with travel trends. A wave of failu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Package Holiday
A package tour, package vacation, or package holiday comprises transport and accommodation advertised and sold together by a vendor known as a tour operator. Other services may be provided such as a rental car, activities or outings during the holiday. Transport can be via automobile, bus, or charter airline and may also include travel between areas as part of the holiday. Package holidays are a form of product bundling. Package holidays are organised by a tour operators and sold to consumers by a travel agents. Some travel agents are employees of tour operators, while others are independent. History Organised tours The first organised tours date back to Thomas Cook who, on 5 July 1841, chartered a train to take a group of temperance campaigners from Leicester to a rally in Loughborough, away. By 1872 he was undertaking worldwide tours, albeit with small groups. His company, Thomas Cook & Son (commonly called Thomas Cook or simply "Cook's"), grew to become one of the ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Tourism
Tourism is travel for pleasure, and the Commerce, commercial activity of providing and supporting such travel. World Tourism Organization, UN Tourism defines tourism more generally, in terms which go "beyond the common perception of tourism as being limited to holiday activity only", as people "travelling to and staying in places outside their usual environment for not more than one consecutive year for leisure and not less than 24 hours, business and other purposes". Tourism can be Domestic tourism, domestic (within the traveller's own country) or International tourism, international. International tourism has both incoming and outgoing implications on a country's balance of payments. Between the second half of 2008 and the end of 2009, tourism numbers declined due to a severe Economy, economic slowdown (see Great Recession) and the outbreak of the 2009 2009 flu pandemic, H1N1 influenza virus. These numbers, however, recovered until the COVID-19 pandemic put an abrupt end to th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Hospitality Industry
The hospitality industry is a broad category of fields within the service industry that includes lodging, food and beverage services, event planning, theme parks, travel agency, tourism, hotels, restaurants, nightclubs, and bars. Sectors According to the Cambridge Business English Dictionary the "hospitality industry" consists of hotels and food service, equivalent to NAICS code 72, "Accommodation and Food Service". Definition in the United States In 2020, the United States Department of Labor Standard Industrial Classification (SIC) defines the hospitality industry more broadly, including: * 701 Hotels and Motels, including auto courts, bed and breakfast inns, cabins and cottages, casino hotels, hostels, hotels (except residential ones), inns furnishing food and lodging, motels, recreational hotels, resort hotels, seasonal hotels, ski lodges and resorts, tourist cabins and tourist courts * 704 Organization Hotels and Lodging Houses, On a Membership Basis * 58 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Condor Flugdienst GmbH
Condor, legally incorporated as Condor Flugdienst GmbH, is a German airline based in Neu Isenburg, Hesse. It was established in 1955 with Frankfurt Airport as its main base. Condor offers scheduled and charter flights and operates, from Germany, medium-haul flights to the Mediterranean Basin and the Canary Islands as well as long-haul flights to destinations in Africa, Asia, North America, South America and the Caribbean. Whereas medium-haul flights are operated from many German airports and Zurich, long-haul flights usually depart from Frankfurt, with a few charter services operated from Düsseldorf and Munich. The airline was originally established as Deutsche Flugdienst GmbH on 21 December 1955. Its initial fleet consisted of three 36-passenger Vickers VC.1 Viking aircraft. The airline's first tourist-oriented flight commenced on 29 March 1956. In 1961, Deutsche Flugdienst took over its rival Condor-Luftreederei and subsequently adopted Condor Flugdienst GmbH as its operat ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service has over 5,500 journalists working across its output including in 50 foreign news bureaus where more than 250 foreign correspondents are stationed. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, th ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |