Holiday Extras buys Thomas Cook’s Essential Travel

Essential Travel sells ancillary services
Essential Travel sells ancillary services

Holiday Extras Group has bought Thomas Cook’s ancillary business Essential Travel for GBP2.1 million.

The sale is the latest in a string of load-offs for Thomas Cook, which has entered an agreement with Holiday Extras to be an exclusive distributor of certain ancillary travel products such as parking, airport hotels and lounges and travel insurance.

“Further to our recent results announcement, I am pleased to report yet more progress as we deliver the rapid transformation of Thomas Cook.  The sale of Essential Travel builds on our previously announced strategy of simplifying our brands and applying an intense business focus on our core assets to deliver sustained profitable growth,” said Thomas Cook Group’s CEO Harriet Green.

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