{"id":119742,"date":"2019-11-01T00:00:00","date_gmt":"2019-10-31T22:00:00","guid":{"rendered":"https:\/\/rhn.ro\/thomas-cook-brand-acquired-by-chinese-group-fosun\/"},"modified":"2026-03-27T13:59:28","modified_gmt":"2026-03-27T11:59:28","slug":"thomas-cook-brand-acquired-by-chinese-group-fosun","status":"publish","type":"post","link":"https:\/\/rhn.ro\/en\/thomas-cook-brand-acquired-by-chinese-group-fosun\/","title":{"rendered":"Thomas Cook Brand Acquired by Chinese Group Fosun"},"content":{"rendered":"<div>Chinese group Fosun Tourism, owner of the tour operator Club Med, will acquire the Thomas Cook brand for \u00a311 million. Fosun will also purchase the hotel brands Casa Cook and Cook\u2019s Club.<\/div>\n<div><\/div>\n<div>Fosun Tourism is the largest shareholder of the British operator Thomas Cook, the world&#8217;s oldest travel company, which went bankrupt at the end of September after failing to find the necessary funds to survive.<\/div>\n<div><\/div>\n<div>Following Thomas Cook&#8217;s bankruptcy declaration, rival Hays Travel stepped in and acquired 555 Thomas Cook agencies in the UK for a price that, according to the British press, amounted to \u00a36 million.<\/div>\n<div><\/div>\n<div>The assets now acquired by Fosun Tourism include trademarks, domain names, software applications, and licenses owned by Thomas Cook, as well as the hotel brands Casa Cook and Cook\u2019s Club.<\/div>\n<div><\/div>\n<div>Fosun stated that, for the time being, it does not intend to acquire overseas assets or businesses related to Thomas Cook.<\/div>\n<p>Source: <a href=\"http:\/\/www.economica.net\" data-wplink-url-error=\"true\">Economica<\/a><\/p>\n<h3>Frequently Asked Questions<\/h3>\n<p><strong>How much did Fosun pay for the Thomas Cook brand?<\/strong><\/p>\n<p>Fosun Tourism Group acquired the Thomas Cook brand, along with the Casa Cook and Cook\u2019s Club hotel brands, for \u00a311 million.<\/p>\n<p><strong>What assets were included in the deal?<\/strong><\/p>\n<p>The acquisition includes trademarks, domain names, software applications, and licenses, in addition to the specific hotel brands mentioned.<\/p>\n<p><strong>Did Fosun acquire Thomas Cook&#8217;s physical travel agencies?<\/strong><\/p>\n<p>No, the physical agencies in the UK were acquired by Hays Travel for approximately \u00a36 million following the bankruptcy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese group Fosun Tourism, owner of the tour operator Club Med, will acquire the Thomas Cook brand for \u00a311 million. Fosun will also purchase the hotel brands Casa Cook and Cook\u2019s Club. Fosun Tourism is the largest shareholder of the British operator Thomas Cook, the world&#8217;s oldest travel company, which went bankrupt at the end&hellip;<\/p>\n","protected":false},"author":0,"featured_media":67845,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2858],"tags":[],"thb-sponsors":[],"class_list":["post-119742","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tourism"],"article_style_override":"","post-style":"","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/turism-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/119742","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=119742"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/119742\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/67845"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=119742"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=119742"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=119742"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=119742"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}