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"Cook, Thomas"
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Even darkness sings : from Auschwitz to Hiroshima : finding hope in the saddest places on Earth
\"Drawn to dark places, an award-winning crime novelist, in this deeply personal memoir, travels to some of the Earth's most tragic locales where he finds the light that can illuminate the darkness within each one of us\"--wordery.com.
Book
Thomas Cook(ed): using Altman's z-score analysis to examine predictors of financial bankruptcy in tourism and hospitality businesses
PurposeFinancial bankruptcy is inevitable in the tourism and hospitality ecosystem. Despite the pertinence of tourism and hospitality businesses going into bankruptcy, limited studies have investigated the early warning signs and likelihood of a financial bankruptcy occurring in tourism and hospitality firms. This study examined the predictive value of financial ratios as potential indicators in predicting bankruptcy among tourism and hospitality firms.Design/methodology/approachAltman's z-score bankruptcy prediction model was applied through five key financial ratios to predict bankruptcy of the Thomas Cook Travel Group over a ten year period (2008–2018).FindingsThe key findings of this study strongly suggest that besides the size and location of the firm, financial ratios are reliable predictors and play a pivotal role in predicting the bankruptcy of a tourism and hospitality business.Practical implicationsThe paper provides key stakeholders to adopt checks and balances to identify financial distressed tourism firms through financial ratios.Originality/valueThis is the first academic paper to inspect the financial history of Thomas Cook Travel Group in a financial ratio context, particularly following the bankruptcy of the firm in 2019.
Journal Article
On the Nile : in the golden age of travel
This is an illustrated celebration of the classic era of cruising on the Nile. Early travelers took a dahabiya, an elegant triangular-sailed houseboat, and leisurely meandered from site to site, for three months or more. Then from the late nineteenth century, Thomas Cook of Leicester, England, revolutionized the journey with a fleet of specially built paddle steamers. For the next sixty years these 'floating palaces,' with their private cabins, and dining, smoking, and viewing salons, red-uniformed dragoman guides, and organized donkey excursions, carried the aristocratic, moneyed, and adventurous of international society of the time. Using period photography, and colorful vintage posters and advertising material, this book tells the story of the people, the places, and the boats, from pioneering Nile travelers like Amelia Edwards and Lucie Duff Gordon, through to famed later passengers, such as Rudyard Kipling, Arthur Conan Doyle, and Agatha Christie, whose staging of a death on the Nile only added to the allure.
Book
Underestimating risk leading to the collapse of a market leader in tourism
The topic of this paper, underestimating risk leading to the collapse of the market leader in tourism, is demonstrated on the example of the British travel agency Thomas Cook, which at one time was one of the oldest and largest travel agencies in the world. The aim of this paper is to analyze the development of the stock prices of Thomas Cook from May 13, 2018 to May 19, 2019 and the factors that had an impact on the share price of this company in the monitored period. The base source of data are the share prices of the travel agency Thomas Cook in the specified period from May 13, 2018 to May 19, 2019 published by MarketWatch. A statistical description of time series is used, a moving average trend line is displayed, and a cause-and-effect analysis evaluating the impact of the published information on the value of Thomas Cook’s stocks is carried out. The general lesson for companies resulting from this contribution is that every negative event, announcement or piece of information has a negative impact on the value of a company’s shares and a collapse could happen even to the leader of a given industry. The collapse of Thomas Cook provides lessons for companies doing business in tourism, so that in the event of a planned merger, a suitable company is selected, the company’s funds are under control and development trends in the field are monitored.
Journal Article
Inovação Tecnológica e Marketing e o Caso da Falência da Thomas Cook
Palavras-chave: Turismo; Operadores Turísticos; Tecnologias da Informação e Comunicação; Mudança; Thomas Cook Abstract: The tourism industry has been experiencing profound change over time - with ever more digital platforms and in an area considered to be increasingly intelligent. [...]to fundament the issue addressed, we proceeded to apply an online survey, which had 95 answers. [...]we conducted a literature review as well as an analysis of the financial reports of the company, made available to its investors. Keywords: Tourism; Tour Operators; Information and Communication Technologies; Change; Thomas Cook. 1.
Journal Article
Giants of tourism / edited by Richard W. Butler and Roslyn A. Russell
This book presents individuals who have made an important contribution to tourism. Most are entrepreneurs in the classic sense, but others are individuals who have had unintentional subsequent effects on tourism through their actions. The book is arranged in four parts: (i) giants of hospitality (chapters 1-5); (ii) giants of travel (chapters 6-10); (iii) giants of activities (chapters 11-14); and (iv) giants of development (chapters 15-19).
eBook
Tourism and Empire: The Thomas Cook & Son Enterprise on the Nile, 1868-1914
As western influence spread throughout the globe in the 19th century, tourism became implanted in the colonized lands of Asia, Africa and the Middle East. The development and success of the Thomas Cook & Son Enterprise on the Nile from 1868 to 1914 is described, as well as the influence of this company on the UK's imperialism.
Journal Article
CHN:Fosun takes 5% stake in Thomas Cook
A statement on Friday to the Hong Kong stock exchange, where Fosun is listed, said the company had bought the stake, worth STG91.8 million ($A180 million), at 125.59 pence a share. Privately owned Fosun, which is based in Shanghai and controlled by Chinese billionaire Guo Guangchang, is a diversified conglomerate with interests ranging from media to pharmaceuticals and mining.
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