Thomas Cook has filed for bankruptcy:
What does this mean for Cape Verde?

This news concerns many tourists all over the world who were surprised and unexpected to hear about it. Among many other destinations, the travel company has also flown to the Cape Verde Islands.

How will the insolvency of Thomas Cook affect tourism in Cape Verde?

We at the Friedrich Hospitality Foundation (FHF) are particularly looking forward to hearing the answer to this question. The lack of a tour operator could affect the Cape Verde government’s goal of attracting one million tourists to the country by 2021.

In the second quarter of this year, 26% of tourist arrivals came from Great Britain, followed by Portugal with 12.1%, France with 11% and Germany with 10.9%. This makes the British one of the most important tourist nations for Cape Verde.

But for Cape Verde the situation could also mean an opportunity, as package holidays have so far dominated the tourist scene in Cape Verde. Perhaps smaller tour operators and local entrepreneurs, such as restaurant owners and owners of small hotel complexes, will now have the opportunity to fill the gap and strengthen individual tourism.

We remain curious and will continue to follow developments on the Cape Verde Islands!

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