Thomas Cook collapse and Brexit threaten tourism CRISIS for Spain’s Mallorca and Canary Islands as 500 hotels face closure and experts predict losses of up to €1.4 BILLION

THE Canary Islands are facing a tourism crisis as more than 500 hotels are facing closure following the collapse of Thomas Cook. It comes after the iconic British travel giant confirmed that all its UK companies ceased trading in September after being unable to cough up the more than €200 million it owed its creditors. […]