Thomas Cook Tourism (UK) Proprietary Limited
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Thomas Cook Tourism (UK) Proprietary Limited - overview
Established
1841
Location
London, -, UK
Primary Industry
Travel & Leisure
About
Thomas Cook Tourism (UK) Proprietary Limited is a UK-based travel company specializing in offering comprehensive holiday packages and travel services, catering to a diverse clientele seeking tailored travel experiences. Founded in 1841 in London, UK, Thomas Cook Tourism (UK) Proprietary Limited operates as a travel agency providing package holidays. In September 2024, the company underwent a significant change when eSky. pl S.
A. , a portfolio company of MCI Capital, acquired it for GBP 30 million from Fosun International. Thomas Cook has completed 6 investment deals, with the most recent deal being the ADD-ON round in September 2024, raising a total amount of GBP 11. 00 mn.
Thomas Cook offers a diverse range of travel-related products and services, primarily focusing on package holidays and city breaks. Their core offerings include all-inclusive vacations, half-board options, and customizable trips that cater to various customer preferences, such as family-friendly, luxury, and last-minute getaways. The company utilizes a trust account model to manage customer payments, ensuring that funds are securely held until the traveler returns home. This model also guarantees that all flights included in their holiday packages are protected under the ATOL scheme, providing added security for customers.
Thomas Cook primarily serves a wide range of end users, including families, couples, and solo travelers, across key geographical markets including Spain, Greece, Portugal, Turkey, and destinations in North America and the Caribbean. In 2023, Thomas Cook reported a revenue of GBP 13,523,670. 90, with an EBITDA of GBP 1,292,907. 60.
The revenue model of Thomas Cook is primarily based on direct-to-consumer transactions, where customers book holidays via their online platform. The company generates income through the sale of package holidays that include flights, accommodations, and additional services such as travel insurance and airport transfers. Specific pricing plans may include low deposit options starting from GBP 39 per person, with various all-inclusive offers and seasonal discounts. By ensuring transparency in pricing, Thomas Cook differentiates itself from competitors by offering a comprehensive and hassle-free booking experience.
The firm’s revenue is thus derived from the aggregation of these travel-related services and products, leveraging its established brand presence within the travel industry. The acquisition by eSky. pl S. A.
is expected to enhance its position in Western Europe, with new product offerings and expansion plans being a focus. While specific new products have not been detailed, the integration with eSky. pl S. A.
may lead to innovative travel solutions aimed at new markets. The company is likely to target further geographical expansion in Western Europe, leveraging eSky's existing infrastructure and clientele. The recent funding from the acquisition will likely support these initiatives, ensuring a robust growth trajectory.
Current Investors
Fosun International
Primary Industry
Travel & Leisure
Sub Industries
Hotels & Accommodations, Travel & Tourism
Website
www.thomascook.com
Total Amount Raised
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Thomas Cook Tourism (UK) Proprietary Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Announced | Thomas Cook Tourism (UK) Proprietary Limited | - | ||||||||
| Restructuring | Completed | Thomas Cook Tourism (UK) Proprietary Limited | - | ||||||||
| Restructuring | Completed | Nordic Leisure Travel Group AB | - | ||||||||
| Bankruptcy/Write-off | Completed | Thomas Cook Tourism (UK) Proprietary Limited | - | ||||||||
| Recapitalisation | Completed | Thomas Cook Tourism (UK) Proprietary Limited | - |
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