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Thomas Cook India Opens new office at Parrys, Chennai

Posted On: 2019-07-19 12:27:44

Thomas Cook (India) Ltd., India's leading integrated travel and travel related financial services company, strengthened its presence in South India with the launch of a new Gold Circle Partner franchise outlet in Chennai, Tamil Nadu, inaugurated by Santhosh Kanna, Associate Vice President- Leisure Travel. This expansion augments Thomas Cook India's reach in Tamil Nadu to 18 consumer access centres (10 owned branches and 8 Gold Circle Partners), in its focus to reach right to its customer's doorstep.

Thomas Cook India has observed a growing appetite for holidays from Tamil Nadu, and while the metro of Chennai continues to power drive growth, the Company has witnessed strong demand emerging from regional travellers of Tier 2 and 3 towns like Madurai, Coimbatore, Salem, Erode and Trichy.

Thomas Cook India's data highlights that the increase in flights to S.E. Asian hubs (Singapore, Malaysia, Thailand, Hong Kong, etc.), coupled with the resultant upside of augmented air capacity and attractive fares, is catalysing outbound growth from Chennai & South India; Asia being a favourite short haul destination, equally appealing as a stopover break en-route to USA. Thomas Cook India's domestic holiday packages too continue to see high uptake from Chennai.

The Company's new Gold Circle Partner outlet in Parrys, Chennai, offers consumers end-to-end solutions via a bouquet of travel and travel related financial services, including:

- International & Domestic Holidays (Group Tours, Personalised holidays, Cruises, Study Tours, etc.)
- Travel Insurance

Rajeev Kale, President & Country Head - Leisure Travel, M.I.C.E & Visas, Thomas Cook (India) Ltd., said, "Tamil Nadu contributes a significant 10% to our overall Thomas Cook India holiday business. Interestingly, this strong growth and high potential market is being driven both by Chennai, as well as surrounding hyper local towns. Our 7th outlet at Chennai's Parrys is a prime locality with a viable catchment of segments- across families, business professionals and students. While our Regional Group Tours are extremely popular, the growing demand for personalised holidays speaks highly of the discerning demographic from the State of Tamil Nadu.

Address:
Thomas Cook (India) Ltd.
Ground Floor, Begum Ispahani Complex
No 91, Armenian Street
Parrys, Chennai - 600 001
Tel: 044 48500383 / 9003221111

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 and services in metros/mini-metros and strongly emerging Tier 2 and 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 and marketing support to further new business development, and the acquisition/retention of a wider customer base.

Shares of THOMAS COOK (INDIA) LTD. was last trading in BSE at Rs.189.3 as compared to the previous close of Rs. 189.55. The total number of shares traded during the day was 89165 in over 2993 trades.

The stock hit an intraday high of Rs. 190.15 and intraday low of 168.65. The net turnover during the day was Rs. 16092848.


Source: Equity Bulls

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