ATLANTA NAMED THOMAS COOK'S SOUTHERN REGIONAL HEADQUARTERS;
COMPANY CELEBRATES 150TH ANNIVERSARY
ATLANTA, Nov. 6 /PRNewswire/ -- Atlanta joins in recognizing Thomas Cook, the world's oldest travel organization, on their 150th anniversary Nov. 7, at 6 p.m., at the Hyatt Regency Atlanta in Peachtree Center.
David S. Paresky, chairman, chief executive officer and president, Thomas Cook, U.S., will address Atlanta's leading business and community leaders. In addition, Marc McCafferty, chief operating officer, Thomas Cook North America; Ken Van Meter, vice president and general manager for Thomas Cook Travel's Southern Region; and Sue Holloway, vice president/regional manager for Thomas Cook Foreign Exchange, will also be in attendance.
Thomas Cook, U.S., one of the nation's leading travel companies, recorded air sales in excess of $1.3 billion in 1990, ranking third in sales volume in the country, with over 325 U.S. locations from coast to coast. With over 2,500 employees, the company is well known for its diversified services in leisure, corporate and group travel.
Thomas Cook's worldwide operation provides Travelers Cheques, Foreign Exchange and Travel Management. Foreign Exchange has been the exclusive supplier for the past five years to Atlanta's Hartsfield International Airport. The main office is located in Peachtree Center.
"Foreign Exchange is proud to be a part of Thomas Cook's rich heritage," said Holloway, Foreign Exchange's vice president and regional manager. "We're looking forward to continued success and growth in Atlanta."
After being a member of the Atlanta business community for 12 years, Thomas Cook recognizes Atlanta as a major international entity; consequently, the city has been designated as the company's Southern regional headquarters which includes Georgia, Tennessee, North Carolina, South Carolina, Mississippi, Alabama, Florida, Louisiana and Texas.
"We are proud that Atlanta is now our Southern regional headquarters," said Paresky. "We look forward to continued growth and expansion in and around the South."
According to Van Meter, vice president and general manager, Southern Region: "We save Atlanta's business community over $5 million a year, because we offer 150 years worth of travel management expertise. We're experts in finding our customers the lowest airfares, alternative ways to travel and quality accommodations."
Thomas Cook Worldwide operates a network of 1,600 offices, employing 10,000 people in 120 countries. Their annual sales exceed $20 billion.
The company's founder, Thomas Cook, was so captivated by America in the 1800s that upon returning to England he immediately introduced American Excursion Tours. In 1841, Mr. Cook pioneered the concept of organized travel, and the company has since taken millions of tourists to destinations around the world.
Thomas Cook invented the circular note--the predecessor to today's traveler's checks, the hotel coupon system which from the start successfully relied on the trust placed on Thomas Cook's financial integrity by foreign hoteliers and is still used today, and a sophisticated ticketing system that linked multiple operators.
Mr. Cook paved the way for modern travel and has helped shape modern society as it is known today. His dedication to the ideal of making the world accessible to everyone is reflected in the global operation that bears his name. Atlanta is taking part in the celebration of this company's unique heritage.
/CONTACT: Ellen Bookman or Quinn Hudson of Pringle Dixon Pringle, 404-688-6720, for Thomas Cook/ CO: Thomas Cook, U.S. ST: Georgia IN: LEI SU: BR-BN -- AT004 -- 1677 11/06/91 11:58 EST