Thomas Cook online turnover beats £1bn

Thomas Cook reported £1 billion-worth of sales through its online travel agent (OTA) division in the year to September.

The pan-European group passed the one-billion milestone in a year when its overall turnover declined 4% and pre-tax profits fell 7.5% year on year.

Thomas Cook reported OTA sales up 22% in the year compared with 2008-09.

Issuing its annual results this week, the group reported: “Our European OTA is a vital area for the group. Our first priority is to optimise sales of our own package holidays through the e-commerce channel.”

In a statement, it added: “We are also developing plans to broaden our offering of city breaks and accommodation.”

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