Tuesday, March 28, 2017
News: Thomas Cook Says Brit Holidaymakers Are Returning to Egypt.
TRAVEL firm Thomas Cook has said holidaymakers are beginning to return to Egypt after terrorist attacks and political unrest hit demand.
The group said while bookings to the destinations are still lower, it was seeing “early signs” of a recovery.
Tourists are no doubt being drawn back to the country by the rock-bottom prices offered by hotels desperate to attract business.
Thomas Cook added that the wider holiday market was also enjoying a bounce back after a difficult 2016.
Summer bookings were up by 10 percent overall, as sun-seekers have shifted to Greece and other European destinations including Cyprus, Bulgaria, Croatia and Portugal.
Demand for trips to Egypt plunged after the bombing of a plane from the Egyptian resort of Sharm el-Sheikh, which has been followed by a string of terrorist attacks in the country.
But Thomas Cook has switched its focus to other resorts, such as Greece, which is now seeing bookings up by 40 percent year-on-year.
Peter Fankhauser, chief executive of Thomas Cook, said: “Customers’ appetite to go abroad on holiday this summer is good across all our markets despite continued political and economic uncertainty.”