Thomas Cook

peace frog said:
more job losses at the airport, company called Aviator is closing on the 22nd,(handled the tommy cook contract )and that will mean lots of people out of work, hopefully a lot will be absorbed back into the airport but not all of them will be needed sadly .
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Do you know this for a fact, I have not seen it in the news anywhere. I think my niece may work for them.
 
Blue Mist said:
Will we now have Hays Travel flying us lot around Europe now ?
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Listening to the interviews today it seems like it could be good news for the staff - Hays do it differently to Cook's in that you go in the shop they discuss holidays with you then scour the net to set up the package - sort of doing the job for the internet lazy or dumb I suppose. They reckon its good business and increasing because when they do it for you there are the ATOL and ABTA safeguards which almost perversely has meant that the collapses in the industry have been good to Hays - I suppose if you can survive those that die around you then you can pick up the business from those who still want a holiday? Will also help they don't have the debt and management costs weighing them down.
 
bluethrunthru said:
Listening to the interviews today it seems like it could be good news for the staff - Hays do it differently to Cook's in that you go in the shop they discuss holidays with you then scour the net to set up the package - sort of doing the job for the internet lazy or dumb I suppose. They reckon its good business and increasing because when they do it for you there are the ATOL and ABTA safeguards which almost perversely has meant that the collapses in the industry have been good to Hays - I suppose if you can survive those that die around you then you can pick up the business from those who still want a holiday? Will also help they don't have the debt and management costs weighing them down.
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There's no way that's a sustainable model. The market that will even consider going to a physical travel agent is shrinking every single day. Good news short term for the staff but they'd do well to keep their options open for the longer term.
 
Dubai Blue said:
There's no way that's a sustainable model. The market that will even consider going to a physical travel agent is shrinking every single day. Good news short term for the staff but they'd do well to keep their options open for the longer term.
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I'd agree that seems rational but the Hays experience says no..... people are risk averse and perhaps like the "safety net" of ATOL and ABTA that a travel agency provides?
 
bluethrunthru said:
I'd agree that seems rational but the Hays experience says no..... people are risk averse and perhaps like the "safety net" of ATOL and ABTA that a travel agency provides?
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Yeah I can see that part, but they could still offer that reassurance via online packages. I dont doubt there's still a very viable market for a decent travel agent putting packages together. It's the need for 550 physical stores I don't understand. I suspect that number will reduce drastically over the next 12-24 months.
 
I don't understand the Hays story so someone please help me out. The news say they have bought Thomas Cooks shops but these of course were actually rented from landlords so what have they actually bought ?
Also will they trade as TC or Hays ?
 
Blue Mist said:
I don't understand the Hays story so someone please help me out. The news say they have bought Thomas Cooks shops but these of course were actually rented from landlords so what have they actually bought ?
Also will they trade as TC or Hays ?
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Trade as Hays with some shops in Yorkshire and the North East still probably sadly closing due to overlap.

They will have bought the brand and no doubt debt for a nominal sum with the hope of trading their way out of it.

Husband and wife firm that do what it says in the tin and just sell holidays and they had a £350M profit last year I think so do it well without trying to be a British Airways to boot.
 
blueinsa said:
Trade as Hays with some shops in Yorkshire and the North East still probably sadly closing due to overlap.

They will have bought the brand and no doubt debt for a nominal sum with the hope of trading their way out of it.

Husband and wife firm that do what it says in the tin and just sell holidays and they had a £350M profit last year I think so do it well without trying to be a British Airways to boot.
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Cheers for the reply, I have read about the couple who own Hays so I assume by buying the brand they really are just getting cheap publicity and a lot of shops at knock down rental prices as the landlords will have little choice ?
 
Blue Mist said:
I don't understand the Hays story so someone please help me out. The news say they have bought Thomas Cooks shops but these of course were actually rented from landlords so what have they actually bought ?
Also will they trade as TC or Hays ?
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according to the press as Hays.
 
I don’t understand the purpose of travel agent shops in the internet age unless you are old and can’t work computers.

Mind you I have never used a travel agent shop in my life.

Always put stuff together myself or use on line agents.
 
denislawsbackheel said:
I don’t understand the purpose of travel agent shops in the internet age unless you are old and can’t work computers.

Mind you I have never used a travel agent shop in my life.

Always put stuff together myself or use on line agents.
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In theory, the agents used to get (may still do) advantageous rates for hotel rates either via the tour operators or hotels directly and that was how they made their money plus whatever mark up they could put on top. This model can still work, maybe not by offering the cheapest holidays but by offering exclusive deals not easily available on the net.

I was on holiday earlier this year, in a cut price 5 star hotel (4 star UK standards), but only went B&B because the all-inclusive deal was just buffet style and I've done that before and haven't been impressed so went out every night to the dozens of good eating places nearby. I thought at the time why don't the travel agents build up deals with local quality restaurants near to hotels to offer a sort of all-inclusive package and throw in excursions to sights and theme parks and all the other things you can do, transportation sorted. Fully managed trips that are hard to do arrange over the net. That's the future I reckon.
 
TheRemainsOfTheDave said:
In theory, the agents used to get (may still do) advantageous rates for hotel rates either via the tour operators or hotels directly and that was how they made their money plus whatever mark up they could put on top. This model can still work, maybe not by offering the cheapest holidays but by offering exclusive deals not easily available on the net.

I was on holiday earlier this year, in a cut price 5 star hotel (4 star UK standards), but only went B&B because the all-inclusive deal was just buffet style and I've done that before and haven't been impressed so went out every night to the dozens of good eating places nearby. I thought at the time why don't the travel agents build up deals with local quality restaurants near to hotels to offer a sort of all-inclusive package and throw in excursions to sights and theme parks and all the other things you can do, transportation sorted. Fully managed trips that are hard to do arrange over the net. That's the future I reckon.
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Thats what they do in China... all inclusive means being bussed out to restaurants .... lovely grub as well ... you need to book through Abercrombie and Kent / Hayes and jarvis or Kuoni ....... went to Egypt with Hayes and Jarvis and we had a bloody tour guide who was an egyptologist .. a bloody Uni professor no less who described and explained everything

Amazing
 
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