Thomas Cook India opens new franchise in Surat; targets strong growth potential of Gujarat.

Thomas Cook India opens new franchise in Surat; targets strong growth potential of Gujarat.
by 5paisa Research Team 08/10/2021

Thomas Cook’s Gold Circle Partner outlet in Surat offers consumers end-to-end travel solutions with a bouquet of travel and travel-related services, including international and domestic holidays.

India’s leading integrated travel services company, Thomas Cook (India) has expanded its footprint in Gujarat with the launch of a new Gold Circle Partner franchise outlet in Surat. This expansion augments the company’s distribution and reach in Gujarat to a total of 10 consumer access centres, five owned branches and five Gold Circle Partner franchise outlets across the state of Gujarat.

The company has launched 'TravShield' - a comprehensive Safety Commitment and Assured Safe Travel Program in association with Apollo Clinics that covers every aspect of physical safety as well as mental and financial security to give the customer complete peace of mind.

Thomas Cook’s Gold Circle Partner outlet in Surat offers consumers end-to-end travel solutions with a bouquet of travel and travel-related services, including international and domestic holidays (group tours, personalized holidays and cruises) along with value-added services like travel insurance; visa services and others.

The company has said in a filing with the exchange, “Over the past 18 months there has been a strong pent-up demand and with the easing of restrictions and reopening of borders, Gujarat’s consumers are displaying a strong travel desire for travel to international favorites like Maldives, Dubai, Abu Dhabi, Switzerland, France, Austria, Turkey, Egypt and Russia; also domestic locales like Goa, Andamans, Kashmir, Leh-Ladakh, Himachal Pradesh, Kerala, etc.” 

Set up in 1881, Thomas Cook (India) 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, value-added services, visa and passport services. It operates several leading B2C and B2B brands. As one of the largest travel service provider networks headquartered in the Asia-Pacific region, the group spans 25 countries across five continents.

Shares of Thomas Cook India skyrocketed by more than 15% during the intra-day session and closed at Rs 79.40 per share on the bourses.

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