Speaking on Wednesday (25 September), two days after the world’s oldest tour operator collapsed, Doros Takkas, who is also general manager of four hotels, said the estimate covered only the current unpaid bills and didn’t take into account the 45 days left of the season that the industry would also now lose out on.
“We were aware that Thomas Cook was in a not-so-healthy situation… but this still came as a shock for a lot of people,” Takkas said. “We estimate the damage to Cyprus hoteliers to be about €50-60 million, and around €25-30 million of that will just be from British customers.”
