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Canaries hotel prices and Brexit uncertainty hit Cook bookings

Operators
Jennifer Morris
7 February 2019

Thomas Cook Group has put weaker winter bookings down to a “mix” of factors including the prolonged effect of last year’s heatwave and high hotel prices in the Canaries.

Peter Fankhauser 2017

The company’s chief executive revealed this morning (February 7) it had seen a decline in footfall in its stores, and that where summer 2018 bookings started very strongly, bookings for summer 2019 reflect some consumer uncertainty, particularly in the UK.

“Some customers appear to be putting off bookings amid uncertainty about Brexit and we have also seen a decline in footfall in our stores consistent with other high street retailers,” said Peter Fankhauser.

“In the Nordics, customers seem to be slow to book for winter 2019 after a hot summer last year, [while] high prices in the Canaries have impacted demand… so it’s a bit of everything.