Company - Thomas Cook &son Ltd( British brand )
founder- Thomas Cook
Industries - integrated travel services company
Type of Work - Corporate Travel, MICE, Leisure Travel, Visa & Passport services, and E-Business.
Founded Date - 1881
Closed Date - 2020 restructure itself
Location - global
Funding - back by Thomas Cook & Son and shareholder
Achievement:-Operated leading B2C and B2B brands
Indian group Expands business in 25 countries with revenue. 6948.3 Cr.
the company eventually expanded to over 233 locations in 94 cities across India, Sri Lanka, everywhere.
Business Status - Fail in 2020
Reason for Failure - high debt over holding company.
After failure pivot or next plan-
Thomas Cook brand acquired by Fosun Tourism of China. excludes India, Mauritius, and Sri Lanka.
Thomas and cook restructure itself and operate in the country which country business they do not sell.
now they operate online mode from India and globally.
Note-
balance your debt.
