Thomas Cook: Tourism experts explain the travel company’s collapse

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The shock of Thomas Cook’s collapse may create reverberations that travel much further than the 150,000 holidaymakers who are reportedly stranded overseas or the many people who have already paid for travel with the company. The impact of Thomas Cook’s failure is even more stark because the company’s 19th-century founder was the father of package holidays, taking the first group of travellers abroad in 1855.