Magazine article Marketing

CAREERS: Company CV - Thomas Cook

Magazine article Marketing

CAREERS: Company CV - Thomas Cook

Article excerpt

Thomas Cook Holdings Ltd is a subsidiary of the German-based travel group, Thomas Cook AG (formerly C&N Touristic) a privately held company jointly owned by KarstadtQuelle, Germany's largest department store, and Deutsche Lufthansa, which created C&N Touristic in 1998.

It operates through three main divisions: Germany, Great Britain and Overseas, and Western/ Eastern Europe. In the UK, Europe's second-largest travel market, the company is the third largest vertically integrated travel business.

Thomas Cook has in excess of 14 million customers worldwide, 30 tour operator brands, about 3600 travel agencies selling group products worldwide, a fleet of 85 aircraft and a workforce numbering some 28,000.

Subsidiary operations include: Thomas Cook Tour Operations, the UK and Ireland travel operation that includes JMC and encompasses the former Sunworld and Carlson holiday and airline businesses; Thomas Cook Holidays; Style Holidays; Neilson; Time Off; Club 18-30; and an International travel business operating in non-UK markets such as Canada and India.

Thomas Cook started life from humble beginnings in Leicester in 1841, taking temperance supporters on tours of Egypt and the Bible lands.

This progressively blossomed into today's international company providing holidays to almost anywhere, allowing holidaymakers the ability to book their holiday direct from a new global internet portal launched in July 2002.

In December 2000, German-based C&N Touristic announced its planned acquisition of Thomas Cook Holdings for pounds 550m. The acquisition was subject to the approval of C&N's owners, KarstadtQuelle and Deutsche Lufthansa, and the European Commission. …

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