Last updated: 03:42 PM ET, Wed November 25 2015

Tour and Package Industry Pulse: News for Nov. 25, 2015

Tour Operator | David Cogswell | November 25, 2015

Tour and Package Industry Pulse: News for Nov. 25, 2015

Russian Tour Operators Drop Tours to Turkey

The shooting down of a Russian plane by the Turkish government may not lead to war between the two countries, but it has caused all the major Russian tour operators to cancel their sales of trips to Turkey.

Old Thomas Cook is Making Money Again

The 174-year old British tour operator Thomas Cook has returned to profitability for the first time in five years. The announcement of a return to profitability caused its stock price to jump by 9 percent. The company achieved its improvement in spite of the fact that, according to the company’s chief executive: “2015 has seen an unprecedented level of disruption . . . In my 30 years I have never seen anything like it.”  

Irish Tour Operators Drop Egypt Tours

Egypt’s tourism industry took another blow as Irish tour operators Falcon Holidays and Red Sea Holidays have canceled all their trips to Egypt’s resort town of Sharm el-Sheikh at least till April 2016. The announcement coincided with announcements by Easyjet and British Airways that they have suspended their flights to the region.

Indian Tour Operators See Drop in Bookings to Europe

Tour operators in Delhi, India, are reporting a sharp decline in bookings to Europe since the bombings in Paris recently rocked the world.

Kenya Enjoys Positive Publicity with Visit by Pope Francis

Kenya’s tourism industry, beset by difficulties over terrorism and unrest in recent years, may get a little boost with the arrival of Pope Francis in Nairobi on Wednesday. The Pope will also visit Uganda and the Central African Republic. When asked if he was concerned about security, the Pontiff replied, “I’m more afraid of the mosquitoes.”


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