Thomas Cook JV to open two more hotels in China

The UK tour operator is targeting China

SHANGHAI: Thomas Cook Group Plc will build two new hotels in China with its joint venture partner Fosun International Ltd, including the first Asian branch of its own Casa Cook brand.

The hotels, one in Lijiang in southwestern China, and the other in Taicang, near Shanghai, would be built by Fosun and managed by Thomas Cook China, and would open in late 2020, the companies said in a statement.