On popular holiday destinations, the bankruptcy of British tour operator Thomas Cook at hotels causes financial problems. Only the Greek Hotel Association (HHF) expects short-term costs of around 500 million euros. Spain expects at least 200 million euros, of which 100 million euros alone on the holiday island of Mallorca.
The British parent company filed for bankruptcy at the beginning of last week, followed shortly thereafter by three German Thomas Cook companies. Hundreds of thousands of people had to stop their journey.
In Turkey, some accommodations would be closed sooner than planned because of the bankruptcy, according to the local hotel association. The Tourism Advisory Council TIK says: It speaks of a "serious crisis", which could initially hit with up to 350 million euros.
The costs are not only due to possible defaults on the settlement of currently open invoices by Thomas Cook, it says in Greece. In addition, there would be missing tourists - because many guests do not even arrive in October - as well as the costs for the general operation. HHF President Grigoris Tasios says: "The staff, the suppliers and, through the taxes, the public treasury depend on the hotels."
According to media reports, some hotels that fear their livelihoods have plagued guests to bankruptcy. In Mallorca and Indonesia guests should have been asked to pay their stay again. In the Dominican Republic hotel staff are said to have tried to prevent guests from leaving. This suggests a video that the channel n-tv has released. It should have come to blows.