500 Spain hotels 'to close immediately' after Thomas Cook fall: industry

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 99%

Business News News

Business Business Latest News,Business Business Headlines

Hundreds of hotels in Spain are facing imminent closure over the collapse of British travel giant Thomas Cook, the head of the Spanish hotel federation warned on Monday.

"There are 500 hotels which are going to close immediately due to the collapse of Thomas Cook and the situation could get worse if the government doesn't take immediate action," Juan Molas, head of Spain's Confederation of Hotels and Tourist Accommodation, told business daily Cinco Dias.

One hotel in Fuerteventura, the second largest of the Canary Islands, had recently undergone a 20-million-euro upgrade and was now faced with 700 rooms "which are going to be empty from October 7" and 200 employees it would be forced to dismiss. The industry has put together an emergency plan to be presented to Tourism Minister Reyes Maroto at the next Spanish tourism board meeting on October 7 which will also address the urgent question of air links with the Canary Islands.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Wondering how those executives deserves those grotesques bonuses for running Thomas Cook into the ground?

Isn't this a good thing for pollution? Fewer planes flying unnecessarily.

More space for illegals 🤪

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines