Thomas Cook at centre of Olympics controversy

Tour operator giant sells allocation of corporate tickets at inflated prices

The fact that the tour operator giant Thomas Cook has been given a corporate ticket allocation of 300,000 tickets to the Olympics in London in 2012 in return for a sponsorship deal allegedly worth £20 million (€22.4 million) is generating public anger in the UK. It is now selling ticket packages with hotels stays costing up to £6,499; the latter price-tag is for access to the closing ceremony and a three-night stay at the 5-star Hyatt Regency Churchill Hotel. Thomas Cook is selling its corporate tickets at inflated prices. However, the Olympics’ organisers say that corporate allocations account for only 8% of the total number of tickets.
Around 1.8 million people applied for tickets in the first round of purchases, but more than half of them were left disappointed. The greatest demand – and the biggest disappointment – has been for the cheaper tickets. Details of a second round will be will be announced by June 25.
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