Friday 8 October 2010

What effect will the Thomas Cook & Cooperative Travel merger have on the market?

The merger of Thomas Cook and Cooperative Travel is a further sign that there are too many companies chasing too little market.

This move will allow the new group to dominate a sector of the economy which analysts predict could be heading for another difficult year in 2011. Their ability to streamline operations, reduce cost and expand their collective reach on the High Street will see them dominate in a market where profit margins are still barely above zero and growth is uncertain. Sadly, there will be job cuts but on the whole its a positive move.

So how will this affect the rest of the market? There are still some excellent independent businesses in this sector. Companies like Southall Travel are a great example of companies that have performed well in recent years. However, if predictions are correct and demand remains subdued into next year how many of industry's weaker agents will be survive?

178 agents are already struggling and another bad year could see a bigger wave of consolidation. Who will be buying and who will be desperately selling?

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  15. I believe the Thomas Cook & Cooperative Travel merger will bring significant changes to the travel market. This consolidation may lead to increased competition, potentially benefiting consumers with better deals and services. It could also streamline operations and improve efficiency. However, it's essential to monitor the impact closely. By the way, if you're planning a trip after the merger, don't forget to check your health requirements and visit a Family Clinic Dubai for any necessary vaccinations or medical advice. Safe travels!

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  18. The merger between Thomas Cook and Cooperative Travel is poised to reshape the travel market, potentially consolidating their combined market share and altering competitive dynamics. With expanded resources and broader reach, the merged entity may offer enhanced services and increased bargaining power with suppliers, potentially leading to more competitive pricing and improved customer offerings. However, concerns regarding monopolistic practices and potential impacts on smaller competitors may arise, necessitating careful monitoring by regulatory authorities. truck accident lawyer

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