UK travel agent Hays Travel has pledged to save up to 2,500 jobs across the country after buying Thomas Cook.
The Thomas Cook chain of 555 travel agencies collapsed last month, and has now been purchased by Hays Travel acquiring all of Thomas Cook’s shops and will rebrand them under the Hays Travel name.
Founded in 1980 by husband and wife team, John and Irene Hays, Hays Travel claims it is the UK’s largest independent travel agent.
The company has vowed to re-employ a ‘significant number’ of former employees, and has already hired 421 former Thomas Cook employees following the appointment of the official receiver last month.
John Hays, Managing Director said: “Thomas Cook was a much-loved brand employing talented people.
“We look forward to working with many of them.”
Jim Tucker, a partner at KPMG and joint special manager of Thomas Cook’s retail division added: “This is an extremely positive outcome, and we are delighted to have secured this agreement.
“It provides re-employment opportunities for a significant number of former Thomas Cook employees and secures the future of retail sites up and down the UK high street.
“Over the weeks ahead, we will work closely with Hays Travel and landlords to ensure a smooth transition of the store estate.”