Hays Travel acquires Thomas Cook

Savills advises KPMG on the disposal of the travel agent’s retail store estate

International real estate advisor Savills has assisted KPMG on the disposal of the Thomas Cook retail store estate.

Terms have been agreed with the UK’s largest independent travel agent, Hays Travel, to acquire the Thomas Cook estate in its entirety.

Cameron Bell, associate director at Savills, comments: “We are pleased to have advised on this significant transaction, which will see Hays Travel acquire the entirety of the Thomas Cook retail store estate. This is a hugely positive result for the high street, and the commitment from Hays Travel restores confidence in the sector.”

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