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The 2019 edition of the Nordic Holiday Report is now being presented, which for the first time is a Nordic (not Swedish) report. The report shows, among other things, that design hotels are becoming increasingly important for destinations, and so is the hotels restaurants. Sustainable travel is high on the agenda and the modern package holiday tour is more right than ever. The report also highlights Gen Z and Millenals travel habits where the trend is that many opt out of tanning and partying in favor of local experiences and time for recovery.
• Despite a historically hot summer last year, a weak Swedish krona and an intense debate on air travel’s climate impact, we prioritize our long-awaited holiday trip. However, the requirements and expectations are different today compared to a few years ago where the hotels are becoming increasingly important and also the sustainability issues, says Fredrik Henriksson, Head of Communications in the TCNE.
• Some of the trends highlighted in the report:
• Package holidays - more relevant than ever
• In times when more and more people cherish the climate, the interest for the classic charter holiday increases. The journey form entails a number of advantages from a sustainability perspective, such as full transfer buses, sustainability certified hotels with high occupancy and direct and almost completely full flights, which results in significantly lower emissions of CO2 per passenger compared to the average for regular flights.
• Consumers are making increasingly more conscious choices and the interest in the industry's sustainability work is increasing. 9 out of 10 mean that it is a joint responsibility between the holiday company and the customers to create a more sustainable travel. While the industry's focus on reducing emissions continues, initiatives are being taken to compensate for the emissions we cannot yet influence. In April 2019, TCNE started as the only major holiday company to offset carbon and green house emissions for all customers' air travel, regardless of airline.
• Design hotel makes classic charter destinations trendy
• Hotels are becoming increasingly important for holidaymakers, many times more important than the travel destination itself. With stylish design hotels, one changes the picture of what a package tour is and can thus attract both old and new customers to classic sun and bath destinations. When TCNE opened a new design hotel in the Gambia last year, Sunprime Tamala Beach, 97 % of guests had never visited the Gambia before. 40 % of the guests were completely new customers for TCNE.
• Go vego and go local!
• The hotel restaurant has become a destination in itself for breakfast, lunch and dinner. 7 out of 10 consider that the hotel restaurant is important when booking their holiday hotel. More and more hotel restaurants have become the new go-to place for both guests and other visitors. An example is the TCNE's hotel concept Casa Cook in Rhodes and Kos. And the guests

I wouldn't be at all surprised if Fosun wanted to buy the lot and if as we were expected to be out of the EU by now they could have done. So maybe they are in talks to try and delay things until we are out and that may mean spoiling anyone else from buying parts.
But from tcg's point of view they never intended to sell the travel side only the airlines, because if they do sell the airline side to the bidders then the debt would be gone and as such the sp could be up to 40p again and then Fosun would have to pay 75p- £1. So you can understand Fosun's worry. But all good for the shareholders i hope.

I think what some on here have forgotten is there are many of us long termers that actually like the company, I go on holiday at least once a year with tcg and invest because I like the company and want to see it do well over the long term.
Now days you get sod all in the banks so I would rather see my money doing some good all be it very little at the moment. But we don’t all just invest with cold blood and just consider the financials without considering all the people working there and what it could be in a few years.
It would be a very sad world if we lost all compassion and just looked at the numbers and facts while taking away all the good will.

4th February 2019: Thomas Cook today announces that its hotel fund joint venture with LMEY Investments, Thomas Cook Hotel Investments (TCHI), has secured its second round of debt funding with €51 million from CaixaBank, one of the leading banks in Spain.

The funding takes the total amount raised in the last three months by TCHI to €91m, following the initial tranche of €40 million from Piraeus Bank.

The funds will be used to invest in opportunities in Spain and around the Mediterranean. TCHI has also agreed to acquire a 250-room hotel in the Canary Islands, as well as another 300-room hotel in the Balearics. The seven hotels in the fund now take the total asset value to around €250 million and 2,200 rooms.

The fund aims to comprise 10-15 hotels within the next two years. A pipeline of further hotel acquisitions has been identified and the team is focused on executing an expansion plan over the coming year.
OK so they don't own all 190 hotels it's a partnership, but they do own 7 out right and plan to own 10-15 out right this year. and in Feb 2019 they valued the 7 they do own at £250m plus the half value of the other 183 ish.
I am sure that the more you de-rampers go about your business we holders can ramp just as much.

As far as I can see tcg do fly to India and might fly over the M/east but that's it so should not be troubled by Persian Gulf including Dubai. But could be wrong.

So just how much does it cost to buy / build and open 1 new hotel £30m - £50m and tcg has now got 190 of them.
If someone takes over tcg then they have to buy all these and for how much.?
£1 a share. !!!!!

Thomas Cook has around 190 own-brand hotels and resorts across six brands –SENTIDO, Sunprime, Sunwing, SunConnect, smartline and Casa Cook.
Is this a company going bust I think NOT .

Looking ahead to the Autumn season, Thomas Cook will open two new hotels in Egypt’s El Gouna – a Cook’s Club and a Casa Cook.

The Cook’s Club, opening in August, will be the sixth property in this newest line of hotels to open this year, following new openings in Turkey, Spain, Greece and Bulgaria.

The Casa Cook, opening in October, will be the fifth hotel in the portfolio, with other properties in Greece and Spain.

Cook’s Club El Gouna will focus on the things that matter to a new generation of travellers: cool contemporary design, great food and drink, and a poolside DJ, all at an affordable price.

The 144-room hotel is built along a sal****er lagoon, is a stone’s throw from the downtown area and a short walk to the beach.

Thomas Cook to open two new hotels in Egypt June 20, 2019

Lufthansa must have looked into and known the out come of the condor slots before they made a bid for the condor business. otherwise why would they make a bid to take over the tcg business if they then had to buy all the slots back out of the pool.
Condor is a going concern in Germany and as such will just carry on trading with the same slots give or take a few that they might have to do to get the clearance etc.

I think the only thing we can say is use caution when reading anything jj posts.
He / she has been so negative on evrything that is happening with tcg.
They are going bust , they will never sell the airline business, etc etc etc.
nothing but a shorter or spread better trying to push this sp down, but we will see tcg sell all the airline business they want and possibly even the travel side for a big price.

Here we go the sp is on the move back up.

Everyone knows the state of the travel / tourist market and if things were that bad so / many of the bidders would have pulled out, and as such we would have had an rns to that.
But we haven't and it's because an opportunity like this to buy airlines and slots doesn't come along very often so i don't think anyone will pull out. It's just a question of getting the best deal for the shareholders and that might take a little longer.

If I recall the bid deadline was 7th May and even the germans had confirmed they had put their bid in for Condor airlines. I know another few bids came in for the Nordic business and from Fosun but that means they have had what about 4 weeks to decide who they want to go with.
I know it will take time to sort out all the small details regarding some G/Tees about tcg customers seats on the planes etc but we should now be in a position of doing due diligence wich could take 3 months. I thinbk it has taken a little longer because they have had so many bids come in but that must be a good sign. So we should soon here something good.

You are correct but I could have done worse by investing in vog that has very lttle future , a money pit and no customers.

Here we go again , you come out with statements you cannot back up. Who said their debt is getting larger? what more lies can you make up.
This is the peak time for tcg & tui it's summer and cash is flooding in so if anything debt is getting smaller by the day.
Very shortly there will be news out about airline sales and this will be 40p- 50p again and then Fosun or other bids. Hold tight.

A lot of Hunters property directors all bought shares in their company yesterday, I know the shares are down to 30p ish but it shows they have faith in the property sector and shows cwd can look forward to a good future if they get things right.

Thomas Cook has built on the popularity of the innovative entertainment available at its first Cook’s Club Hotel that opened in Crete last year, giving holidaymakers the chance to enjoy the non-traditional activities at its two new Cook’s Clubs Hotels in Turkey this summer.

Located on the beachfront and with the lively bars and restaurants of Alanya on your doorstep, guests staying at the 115-room Cook’s Club Alanya can now let loose in the rage room, challenge friends to 3D virtual reality games or hire the private party room with friends.
Looks like the PR department is working overtime this month.

Thomas Cook analyses holiday preferences of Germans Pre-arranged trip, but individual please? Local food, but with a difference? Design, but affordable? For the third year in a row, the Thomas Cook German Holiday Report 2019 analyses customer wishes and needs as well as trends in the travel industry. The tour operator based in Oberursel conducted a survey of 1,951 of its own customers and, via YouGov, asked 1,034 millennials between the ages of 19 and 35 about their travel preferences. ?

To read and download a copy of the German Holiday Report visit: https://www.thomascook.de/unternehmen/newsroom/holidayreport/

"Only by addressing the needs of our customers can we further develop our offering and service," says Stefanie Berk, CEO of Thomas Cook GmbH. "This year we are taking an intensive look at the Millennial Generation, whose desire for authenticity and freedom presents us with challenges as organisers and thus also offers new opportunities.”

In general, the desire for individualised holidays is growing in all age groups with a focus on authentic regional cuisine, modern design at affordable prices or sustainable excursions. And the freedom-loving Millennials are also happy to benefit from the advantages of a tour operator and use products tailored to them, such as the Cook's Club concept.

"With the introduction of the first fully modular package booking route at www.neckermann-reisen.de, we are individualising our product from the ground up," explains Berk. "For the first time customers have the opportunity to put together the individual parts of a package tour."

Top 10 travel trends for 2019

Where are we going in summer 2019?

The clear number one summer holiday destination for Germans is no surprise: Spain! Followed by Turkey, which in 2019 has grown significantly and pushed Greece from second to third place.

Millennials choose packages

82 percent of the millennials spend their money on travel experiences. More than a third of Generation Y get their inspiration from tour operators - only 29 percent from social media.

The investment programme, unveiled at the official launch of Cook’s Club Palma Beach, one of Thomas Cook’s 20 own-brand hotels to open this year, is part of the company’s continued drive to grow its own-brand hotels and resorts business. With more than 50 hotels and 12,000 rooms across its eight brands in Spain, the hotels and resorts business is now ranked as one of the country’s top five non-domestic hotel chains.