Tourism
Thomas Cook Germany cancels 2020 bookings
Thomas Cook's German subsidiary, which had declared itself insolvent following the collapse of the UK parent company. | Europa Press
Palma13/11/2019 04:01
Thomas Cook's German subsidiary, which had declared itself insolvent following the collapse of the UK parent company, announced yesterday that it has cancelled all bookings for 2020, including those which have been partially or fully paid for.
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The TC brand is dead and any purchase of parts of the business under whichever name will take time to complete, repackage and then try to sell to a very wary holiday seeking public. This makes 2020 look very fragile indeed. The hoteliers need to get proactive and work for their money or lose out.
This leads one to believe that Condor is in a worse financial state than understood