Story By: Angjela Trajkovska, Sub Editor: Joseph Golder, Agency: Central European News

Hotels in Majorca resorts have announced that they will close a month earlier than planned due to the Thomas Cook collapse.

After the world’s oldest travel firm collapsed on Monday, leaving over 600,000 holidaymakers stranded all over the planet, reports said that some hotels in Majorca in the eastern Spanish region of the Balearic Islands are finishing the holiday season before the beginning of November.

Some of the hotels that released statements of early closure are based in popular resorts such as Cala d’Or and Cala Millor.

Many of the affected regions in Majorca are reportedly dependent on British tourism, such as Palma Nova and Magaluf, and the uncertain situation surrounding the Thomas Cook collapse has forced the hand of many hotels and local businesses.

Even though the situation is far-reaching and is expected to hit resorts popular with other nationalities, such as Platja de Palma which is widely visited by German tourists, the authorities are primarily concentrating on hotels that cater for Brits, according to reports.

The early closure is also expected to impact the local workforce as many hotel employees are dependent on work until the start of November.

Antonio Copete of the hostelry union UGT said that they recognise the full impact of the Thomas Cook collapse and are working around the clock to negotiate an early closure of hotels with the least disruption for workers.

According to reports, the hostelry union has also requested extra funds from the Spanish government to help the affected hotels.

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