Amritsar: Thomas Cook (India) Ltd., India’s leading integrated travel and travel related financial services company, has identified Punjab as a high growth market for its holiday business. In an initiative to leverage this opportunity, Thomas Cook India has strengthened its presence with the launch of a new Gold Circle Partner (GCP) franchise outlet at Amritsar, inaugurated by Ms. Anita Patni, Associate Vice President – Leisure Travel, Thomas Cook (India) Ltd. and Gold Circle Partner Mr. Vineet Bansal.
Thomas Cook (India) Ltd. delivers strong 30% YoY growth
This expansion augments
Thomas Cook India’s distribution and reach in Punjab to 11 consumer access centres: 5 owned branches and 6
Gold Circle Partner (franchise) outlets.
The new Gold Circle Partner outlet in Amritsar offers consumers
end-to-end travel solutions with a bouquet of travel and travel related
financial services, including: International & Domestic Holidays (Group
Tours, Personalised holidays, Cruises, etc.), Value Added Services like Travel
Insurance; Visa Services, etc.
Mr. Rajeev Kale, President & Country Head Leisure Travel & M.I.C.E, Thomas Cook (India) Limited said, “Punjab has been identified as a high potential source market delivering a strong growth of 30% YoY for our Leisure Travel business. Our second outlet, at Amritsar’s Ranjit Avenue, was selected as it is a prime locality catering to a viable catchment of consumers across families, business travellers, students, senior citizens and NRIs.”
Gold Circle Partner Mr. Vineet Bansal, is a travel and tourism industry
veteran and his expertise in the industry along with his extensive network will
assist Thomas Cook India to further strengthen its presence in this growing market.
Thomas Cook (India) Ltd., SCO 49, First Floor, B Block, Ranjit Avenue, Amritsar, Pin Code – 143001. Phone: 7973316887
The Thomas Cook Gold
Circle Partner programme is an exclusive franchise partner initiative that
increases the brand’s presence-reach across the country, giving consumers
access to the company’s products & services in metros/mini-metros and
strongly emerging Tier 2 & 3 markets. The Gold Circle Partner benefits via
brand association with the leading travel company in India, along with
knowledge sharing/training and expertise to manage a travel business. In
addition, a Gold Circle Partner is equipped with sales & marketing support
to further business development and acquisition of a wider customer base.
Thomas Cook (India) Limited: Set up in 1881,
Thomas Cook (India) Ltd. (TCIL) is the leading integrated travel and travel
related financial services company in the country offering a broad spectrum of
services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel,
Insurance, Visa and Passport services and E-Business. It operates leading B2C
and B2B brands including Thomas Cook, SOTC, TCI, SITA, Asian Trails, Allied T
Pro, Australian Tours Management, Desert Adventures, Travel Circle
International Limited, Digiphoto Entertainment Imaging (DEI), Private Safaris
East & South Africa.
As one of the largest travel service provider networks
headquartered in the Asia-Pacific region, The Thomas Cook India Group spans 29
countries across 5 continents, a team of over 9700 and a combined revenue in
excess of Rs. 6718.7 Cr. (over $ 0.96 Bn.) for the financial year ended March
TCIL has been felicitated with The Best Outbound Tour Operator at the Times Travel Awards 2018 &
2019 and Leading Company with Cutting Edge Travel Innovation at the Times
Travel Awards 2018, Best Risk Management-Framework & Systems at the India
Risk Management Awards 2019; Best Cash Management Solution – India at the Asset
Triple A Treasury, Trade, Supply Chain & Risk Management Awards 2018, Excellence
in Domestic Tour Operations at the SATTE Awards 2018, Best Travel Entrepreneur
of The Year at TTG Travel Awards 2017, The French Ambassador’s Award for Exemplary
Achievements in Visa Issuance – 2015 to 2018 and the Condé Nast Traveller –
Readers’ Travel Awards from 2011 to 2018.
CRISIL has reaffirmed the rating on debt programmes
and bank facilities of Thomas Cook (India) Ltd at ‘CRISIL AA-/Stable on the
long-term bank facilities of TCIL and CRISIL A1+ rating on the short-term bank
facilities and short- term debt of the Company.
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