Thomas Cook to rise from the dead as an online travel agency

The Official Opening of Thomas Cook Glasgow Silverburn.

After collapsing in September last year, Thomas Cook is reportedly set to return to the travel space as an online travel agency.

According to Sky News in the UK, Fosun Tourism Group (the company that purchased the Thomas Cook brand name following its shock demise) is planning to bring back the legacy British travel player as an OTA as early as this month.

Sky News noted that Thomas Cook’s online-only return will depend on Fosun gaining regulatory clearances, along with any tightening of quarantining restrictions for those living in Britain.

If Thomas Cook was to relaunch in September, it could coincide with the first anniversary of the 178-year-old brand’s entry into liquidation.

And, it appears headway has already been made on Thomas Cook’s rebirth, with a website already in existence.

However, it appears the online relaunch was always on the cards for Fosun, with Bloomberg reporting back in December 2019 that the Thomas Cook platform would debut in the first half of this year.

One can only assume that COVID-19 has had something to do with the delay.

Thomas Cook’s collapse was one of the biggest travel industry stories of 2019. It left an estimated 600,000 travellers in the lurch, and also resulted in mass job losses.

In October last year, KPMG oversaw the sale of Thomas Cook’s 555 High Street shops to Hays Travel.

A government inquiry soon after Thomas Cook’s collapse saw executives grilled, with the company’s inability to adapt and compete with online rivals being put down to perceived failures in leadership.

A report from the UK Insolvency Service issued in December 2019 found that Thomas Cook owed more than $17 billion when it collapsed.

Thomas Cook India was not affected by the collapse, as it has been operating as a completely separate entirely since being acquired by Fairfax Financial in August 2012.

Travel Weekly has contacted Fosun for comment.

Latest News

  • Aviation
  • Products

Luxury fashion house Missoni adds amenity kit to Delta One experience

Italian luxury fashion house Missoni will soon be part of the Delta One experience with a new customer amenity kit. Missoni – a brand well known for its creative use of colors and patterns – will elevate Delta One with the new amenity kit and top-of-the-line details woven into key touchpoints throughout the Delta One […]

  • Cruise

Viking Cruises special 8-day cruise rate

Viking cruises is providing a special offer on its 8-day Rhine Getaway itinerary for November 2024 departures with a strictly limited basis. The cruise takes guests out to discover the charm of old-world Europe as they sail through Netherlands, Germany, France, and Switzerland. The itinerary includes visits the turreted fortresses, grand cathedrals, and medieval towns […]

  • Cruise

Variety Cruises launches “Sell Three, Sail Free in Tahiti” promotion for travel advisors

The family-run, small-ship cruising company, Variety Cruises, has introduced an incentive for travel advisors booking holidays on the company’s Tahiti and French Polynesia cruises. To win a free cruise for two people, the promotion requires advisors to sell three cabins on Variety itineraries in Tahiti booked by 15 September, 2024 and through to 30 April, […]

  • Cruise

Viking is gold sponsor of 2024 Saxo Scandinavian Film Festival, presented by Palace Cinemas via Val Morgan Cinema

Viking has announced it will be a gold sponsor of the 2024 Saxo Scandinavian Film Festival presented by Palace Cinemas via Val Morgan Cinema. The festival, now in its 10th year, showcases the best Nordic contemporary cinema from international film festivals including Göteborg, Cannes and Berlin. The sponsorship provides Viking with the opportunity to connect […]

  • Hotels

The Dorchester rooms and suites

The Dorchester has unveiled additional rooms and suites with a new butler program to enhance guest experience, marking another milestone in its renovation. The portfolio of the world’s foremost luxury hotels and residences, Dorchester Collection, has refurbished room interiors to continue its commitment to reinvent tradition. The Dorchester’s interiors, re-envisioned by interior design firm Pierre-Yves […]

  • Events

Bastille Festival 2024

Residents and travellers can immerse themselves in the vibrant spirit of France as Bastille Festival Sydney returns with a jam-packed program to ignite the Paris Olympic spirit. The annual four-day celebration brings the spirit of France to the heart of Sydney in honour of French Bastille Day. It commemorates two significant events in French history: […]

  • Aviation

Air Astana donates upcycled aircraft furniture to Almaty Airport

The Air Astana ‘Upcycling for the Future’ project involves the creative recycling of used aircraft parts, with furniture having been previously exhibited at various locations across Almaty since 2022.   The aim of the Air Astana project is to promote sustainability and reduce environmental impact. Air Astana Group is the largest airline group in Central […]

  • Conferences
  • Travel Agents

New Zealand’s biggest business event marks Matariki

Matariki, the Māori New Year has been celebrated at a spectacular event for MEETINGS 2024 buyers at Rotorua Airport last night (Wednesday, 19 June). RotoruaNZ Business Events and Coast Group presented a special dinner with supporting partners Rotorua Airport, Terrace Catering, Event Impressions and The Production Agency. The evening featured a stunning 12-minute light and […]

  • Tour Operators

Albatross Tours’ feeling Festive as it guarantees remaining places for Christmas 2024 tours

European tour specialists, Albatross Tours, has guaranteed every tour for Christmas 2024 is a goer. “The Albatross festive program has established itself as a real favourite for Australian travellers. We have a fabulous choice of Christmas market locations – Berlin, Dresden, Prague and Ljubljana are just a few,” managing director Shelley Poten said. The all-inclusive […]