Resorts and destination operations revenue increased by 12.1% to RMB6,052.0 million for the six months ended 30 June 2019.
At the destination level, more stringent licensing for tour sellers and coordination with attractions could help optimize revenue for operators.
The proposed £750 million deal could see Fosun, owner of ClubMed, take control of Thomas Cook’s package tour business.
The rescue deal could indicate a potential retreat from the stock market for Thomas Cook, in a move that would see the world's oldest package-holiday firm become a private company.
Add yet another integration to the docket for American Express Global Business Travel. They have plenty of experience with this by now.
Thomas Cook’s airline business wouldn’t be part of the deal.
The company’s immediate priorities include aggressive expansion into the Americas and Asia, taking what has been learned from the company’s growth throughout Europe to gain a foothold in these markets.
The total Revenue in Q1 was $376 million, a 1% decrease year-over-year, and the total Adjusted EBITDA grew 11% to $89 million.
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