Has Hays Travel taken over Thomas Cook?

Hays Travel, who bought the entire retail portfolio of Thomas Cook, doubling its workforce and trebling its shop numbers, today began a new era in travel industry history.



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Expansion. On 9 October 2019, Hays Travel announced that it had purchased all stores from the travel agency Thomas Cook Group, another large travel group headquartered in the UK, which were assumed to be closed due to the business entering liquidation during previous months.

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Virgin Atlantic and Delta Air Lines.

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HAYS TRAVEL TAKES FLIGHT – AND STILL ROOM FOR MORE ON BOARD Hays Travel, the independent travel agent that bought the former Thomas Cook retail portfolio, saving 555 shops and more than 2,000 jobs just a month ago, took to the skies today (November 12).

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Hays Travel has teamed up with easyJet holidays in an ambitious initiative to revive a travel industry devastated by the impacts of the Covid-19 crisis. In a new development, easyJet holidays, previously only available online, can now be booked at Hays Travel.

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A key ingredient to the Independence Group's success is our passion for travel and people; as an independent travel agent with over 40 years of experience, we have real insight into the business. With a dedicated support team we offer a personal service.

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Now, three years after rescuing the Thomas Cook shops and jobs, the company has announced its first profit since the start of the pandemic, converting the loss of £35.6m for the 18 months to April 2021 to operating profit of £12.45m for the year ended April 2022.

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After 178 years in business, Britain's Thomas Cook, the world's oldest travel company, has gone bust. Thomas Cook's collapse on Monday sparked the UK's largest repatriation in peacetime history.

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With a market cap of approximately 78.2 billion U.S. dollars, Booking.com ranked first among the leading online travel companies worldwide as of December 2022. Competitors Airbnb, Trip.com, and Expedia followed on the list. Second-ranked Airbnb's market cap amounted to roughly 54.1 billion U.S. dollars.

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Leading travel agents ranked by number of outlets in the UK 2023. As of June 2023, Hays Travel was the travel agent in the United Kingdom with the highest number of retail travel shops, operating 495 outlets. TUI and Advantage followed behind, with over 300 shops each.

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The Top 20 Most Powerful Travel Agencies in 2023
  1. Booking Holdings. (photo courtesy of Booking Holdings) ...
  2. Expedia Group. ...
  3. American Express Global Business Travel. ...
  4. BCD Travel. ...
  5. CWT. ...
  6. Flight Centre. ...
  7. American Express Travel. ...
  8. Chase Travel Group.


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Ownership. Jet2.com is wholly owned by Jet2 plc (formerly Dart Group PLC), a holding company based in Leeds, England.

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In the 2022 fiscal year, Hays Travel Limited reported a profit after tax of nearly 13 million British pounds, recovering from the significant loss recorded with the onset of the coronavirus (COVID-19) pandemic.

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