Financial Times FT.com

Thomas Cook travels well in rocky market

By Roger Blitz, Leisure Industries Correspondent

Published: May 15 2008 19:43 | Last updated: May 15 2008 19:43

Sterling’s decline against the euro has done little to put off British holidaymakers from continental European destinations, Thomas Cook said on Thursday.

UK average selling prices year-on-year are 3 per cent higher and up 9 per cent in northern Europe. Manny Fontenla-Novoa, chief executive, said the company was winning the battle with consumers over late bookings.

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