Thomas Cook reports big demand for Spanish holidays

Thomas Cook reports strong demand despite recent terror attacks
Thomas Cook reports strong demand despite recent terror attacks
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​H​oliday firm​ Thomas Cook ​has report​ed​ a narrower loss in its first quarter, as demand for holidays grew in​ what is typically​ the​ less busy winter period when fewer ​people take holidays. ​

​Thomas Cook said its underlying operating loss improved by 11 per​ ​cent to ​£​49​m ​in the three months ​to ​Dec​ember​ 31, after more customers opted to travel to Spain and long-haul destinations like the Caribbean, instead of North Africa.

Terror attacks in Egypt, Turkey, Tunisia and Paris over recent months have made tourists more wary of those previously popular destinations, and the Zika outbreak in the Americas is also dampening global travel sentiment.

But Thomas Cook said it ​is ​on track to meet guidance for the year ​to Sept​ember​ 30, provided that a recovery in customer confidence continues.