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Montevideo, April 19th 2024 - 22:17 UTC

Tag: Hays Travel

  • Thursday, October 10th 2019 - 09:47 UTC

    Hays Travel to the rescue of Thomas Cook: it is to acquire 555 stores

    The acquisition, for an undisclosed sum, is a significant step for Hays, which has 190 shops, 1,900 staff, and last year had sales of £379m, reporting profits of £10m.

    In a move that could save up to 2,500 jobs, Hays Travel announced on Wednesday that it is to acquire 555 Thomas Cook stores from the Official Receiver. The acquisition, for an undisclosed sum, is a significant step for Hays, which has 190 shops, 1,900 staff, and last year had sales of £379m, reporting profits of £10m.