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Hays Travel was founded in 1980 by John Hays in Seaham, Durham. Hays initially opened a small retail store behind his mother's clothing store. [3] Since May 2018, Hays Travel reached sales of over £1 billion. [4] The company's turnover increased by £42 million over 2017, when pre-tax profit was up slightly to £10.1 million.
Hays is a specialist recruitment group with operations in the UK and Ireland, Continental Europe (in Germany pronounced Hei(s), as health=Hei(l)), the Americas and Asia Pacific regions. [10] It has a fairly equal balance of work in temporary and permanent recruitment, which contributes to financial stability through business cycles. [ 11 ]
Dame Irene Lucas-Hays DBE DL (née Lucas; born 4 February 1954) is a British businesswoman and former civil servant, and the chair of Hays Travel, the largest independent travel agent in the UK, which she jointly owned with her husband John Hays until his death in 2020.
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Hays earned a degree in mathematics from the University of Oxford. [3] He later earned an MBA from Manchester Business School. [4] In 1980, Hays founded Hays Travel in the back of his mother's children's wear store in Seaham, Durham. [5] Hays owned 56.42% and his wife Irene owned 43.58%. [6]
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Thomas Cook Group plc was a global travel group, headquartered in the United Kingdom and listed on the London Stock Exchange from its formation on 19 June 2007 by the merger of Thomas Cook AG — successor to Thomas Cook & Son — and MyTravel Group [9] until 23 September 2019, when it went into compulsory liquidation.