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Fosun recruits former Cook execs ahead of OTA revival

01/22/2020| 11:04:08 AM|

Thomas Cook is set to be relaunched as an OTA in June after hiring “a dozen” former Cook executives.

Chinese travel giant and former Thomas Cook investor Fosun has reportedly recruited a number of ex-Cook executives with a view to relaunching the brand as a purely online proposition.

The Times now reports Cook is set to be relaunched as an OTA in June after hiring “a dozen” former Cook executives, predominantly those with a background in technology, according to the paper.

Ahead of Cook’s collapse, there was speculation that Fosun – which was heavily involved in near £1 billion negotiations to save Cook – would look to rebuild the brand as wholly digital operation.

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TAGS: Thomas Cook | Fosun
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