Spain to lose over 700,000 tourists
Hoteliers and suppliers in key tourism destinations, including Spain, have been hit hard by the collapse of the tour operator.
Photo and text: Travel Trade Outbound©
The Spanish government estimates 3,400 jobs in Spain depended directly on contracts with Thomas Cook, while it says the Canary Islands and Balearics will suffer a huge drop in visitors this winter.
The plans will be put forward for approval at a cabinet meeting next week.
Maroto said the Spanish cabinet would approve a decree to make an emergency €200 million line of credit available to affected businesses and provide a stimulus for employment and other labour-related measures.
She said the Canary Islands were expected to lose 400,000 holidaymakers this winter with the Balearics seeing 300,000 fewer visitors.
Other initiatives include cutting certain tariffs for airlines flying to the Balearic and Canary Islands.
In June, Thomas Cook expressed its ‘renewed commitment’ to Spain, unveiling plans to invest €40 million in its managed own-brand hotels in its ‘number one holiday destination’.
At the time, chief executive Peter Fankhauser said: “Spain has long been a favourite with our customers – we are bringing more than 4 million holidaymakers to the country this year alone and now employ almost 2,500 people across the country and its islands.
“In a competitive market, we’re proud to be working with our valued hotel partners to upgrade and modernise our portfolio to help keep Spain at the top of the list for the next generation of holidaymakers.”
Last year, the group opened a new office in Palma, with 650 staff working in finance, in-destination and hotels divisions.
Turkey’s tourism ministry has also said it will provide support for firms hit by the Thomas Cook collapse.
What's On in London 2020
Europ Assistance initiates AI program to enhance its claim customer experience
Millions not allowed to fly
What's new in London | November
What's new in London | October
Hoist Group Partners with Apartment hotel Kide Ltd.
TOP 10 – the most beautiful environmental zones in Europe – France lies far ahead because of its beautiful destinations
Destination France: unique in the world, the Ingres Museum reopens after a complete renovation
Exciting news from The Dan Hotels - New Health and Wellness Resort
Slovenia's the Hottest destination of the Year, STB nominated for the 2019 Virtuoso Tourism Board
Travel warning: Hong Kong
TOP 10 – The most expensive environmental zones in Europe | Driving without a valid badge costs up to 2,700 EUR
What’s New in London | September
France's Top Golf Hotel reveals latest refurbishment work at Le Touquet Golf Resort