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    Thomas Cook sees Grexit boosting travel industry

    Thu, 05/31/2012 - 05:41 EDT - Yahoo! Business News
    • YahooBizNews

    Pedestrian walk near a sign outside a branch of Thomas Cook in LondonLONDON (Reuters) - British tour operator Thomas Cook expects a surge in bookings to Greece if it leaves the euro zone as holidays to the Mediterranean nation would become better value for hard-pressed travelers. "If Greece exits (the euro), for the tourism industry it could be very profitable," interim chief executive Sam Weihagen said after the company posted a steep first-half loss on Thursday. "Most probably holidays to Greece will be more profitable for holidaymakers than they are today and places like Spain could lose competitiveness," he told reporters. ...

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