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Thomas Cook chief meets Greek tourism minister

Thomas Cook’s chief executive Peter Fankhauser has met with the new Greek tourism minister to highlight the importance of Greece as a destination for the business.

Haris Theoharis and Fankhauser discussed the proposed takeover of Cook by Chinese conglomerate Fosun, and its lending banks. Meanwhile

They also discussed the proposed recapitalisation of the Group’s balance sheet and the injection of new money into the business by Fosun and Cook’s core lending banks.

Cook launched the first Casa Cook in Rhodes, the first Casa Cook for families in Chania and the first Cooks Club at Hersonissos in Crete, targeted at a younger audience of holidaymakers, who value quality, design and gastronomy, when choosing their holiday.

Theoharis said: “Mr Fankhauser explained in detail the situation of the company and reassured me that Thomas Cook will remain one of the leading companies globally in the field of tourism. The meeting took place in a very reassuring and calm atmosphere and the feeling I received was that we proceed with business as usual.”

Fankhauser said: “Thomas Cook is committed to Greece and its remains one of our leading tourism destinations. We want to increase the revenue we make from selling holidays to Greece by focusing on higher quality hotels and holiday experiences.

“By offering innovative and contemporary tourism packages, including to well-established destinations, we can give customers more reasons to holiday in Greece with Thomas Cook.”

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