The acquisition seemed ridiculous at best when Hayes Travel purchased a 555 high-street travel agency from the collapsed tour operator Thomas Cook in 2019.
£ 7.8m handle We’ve tripled the size of Hayes’ retail real estate and added 2,300 staff to the salaries of a Sunderland-based company. About one-third of Thomas Cook’s real estate was unprofitable.
“Who wants to enter hundreds of high street shops when online holidays are booming?” Wrote a commentator.
John Hayes, founder of Hayes Travel, is a 41-year-old British company with a website but no online booking platform, fixing the article to a shaving mirror to prove that the denials are wrong. I urged you.
But the challenges ahead were of a scale that even the most skeptical observers could not imagine.
Less than six months after Hayes’ acquisition of Thomas Cook, Britain entered the first Covid blockade, closing borders and forcing all non-essential stores to close.
John Hayes died suddenly after a cruel month…