Bloomberg News

Thomas Cook Says German Vacationers Shun Greece, Euro Reports

May 19, 2012

German vacationers are avoiding Greece amid violent protests over the country’s response to the fiscal crisis, even as tour operators offer discounts, Euro am Sonntag reported, citing an interview with Michael Tenzer, tourism chief at Thomas Cook Group Plc.

German bookings for Greece until the beginning of the summer season fell 30 percent from a year earlier, Tenzer told the newspaper. Thomas Cook is passing on discounts of as much as 20 percent from airlines and hotel operators, he said.

To contact the reporter on this story: Jana Randow in Frankfurt at jrandow@bloomberg.net

To contact the editor responsible for this story: Craig Stirling at cstirling1@bloomberg.net


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