Travel firms plan for Greek eurozone exit

Travel companies are planning for a possible Greek exit from the eurozone amid concern over political stalemate.

TUI Travel, Europe’s biggest tour operator, has “contingency plans” in place should Greece drop the common currency. Rival Thomas Cook said it too is working closely with hotels and suppliers to position itself for a euro exit.

And luxury tour operator Kuoni told a Swiss newspaper that the company is looking into renegotiating contracts to take advantage of any sharp drop in the value of the new Greek currency.