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Thomas Cook collapse: Algarve impact “minimal”, says tourism boss

Thomas Cook collapse: Algarve impact “minimal”, says tourism boss

Thomas Cook, one of the world’s oldest and most well-known tour operators, went bust last weekend, sparking what has been described as the UK’s largest repatriation in peacetime history. Although some hotels in the Algarve are reporting “terrible losses”, the impact of the collapse is expected to be “minimal” with Thomas Cook clients representing only 0.2% of Faro Airport’s total passenger influx, explained João Fernandes, president of the Algarve Tourism Board (RTA).

While the Algarve tourism boss does not believe the impact will be significant in a wider context, the RTA is however “already looking for alternatives” to help fill the void left by Thomas Cook’s collapse.

 

Read the full story in the Algarve Resident