Thomas Cook, a global travel company based in based in London, needs to find 200 million pounds for lenders or it could collapse, according to a report by Reuters. If the company did go under, it would possibly strand vacationers all across Europe. Thomas Cook’s...
Corporate travel and expense management solution provider SAP Concur announced an expansion in India thanks to the renewal of its existing partnership with Thomas Cook. In a press release Wednesday (Sept. 4), SAP Concur said its Thomas Cook India collaboration will connect joint business clients...
September 23, 2019
With a $2.1 billion debt pile that fettered its response to nimble online competitors, U.K. travel firm Thomas Cook has collapsed and left 600,000 people stranded overseas. The company reportedly had to sell three million holidays per year to make its interest payments, CNBC reported. According to The Guardian, the collapse is “is not because the British have stopped taking […]
September 20, 2019
Thomas Cook, a global travel company based in based in London, needs to find 200 million pounds for lenders or it could collapse, according to a report by Reuters. If...
