Thomas Cook could become online holiday marketplace – but its own-brand hotels will still open

THOMAS Cook could become an online marketplace for holidays as the travel company looks to turn its fortunes around.

The company has already shut down more than a dozen stores this year and has recently announced £1.2bn half-year losses.

Earlier this year, Thomas Cook announced that it would close 21 of its stores in the UK, which put hundreds of jobs at risk.

The firm said that the majority of its sales in the last year were made online, and it was where the company would be focusing its business.

But Thomas Cook as an online marketplace is looking more likely, with its airline currently on sale, according to the Telegraph.

The website would list third-party providers for hotels, flights and tours to become an "asset-light" business to improve profits.

Thomas Cook's own brand hotels, including Casa Cook and Cook's Club, will still continue to operate.

Sun Online Travel has contacted Thomas Cook for comment, and the company has declined to comment further.

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