Thomas Cook (India) launched five new Gold Circle Partner outlets, expanding its reach across the country, the travel firm told the Bombay Stock Exchange (BSE) on Friday. These franchisee outlets are in Mumbai and Ahmednagar in Maharashtra, Gulbarga in Karnataka, Allahabad in Uttar Pradesh and Pondicherry.
These outlets will provide an array of services, including holiday packages for individual and group tours for domestic and international destinations, ticketing for air and rail travel, cruise bookings, foreign exchange, travel insurance, visa and passport facilities.
Commenting on the launch of the Gold Circle Partner outlets, Mr Madhav Pai, Chief Operating Officer — Leisure Travel (Outbound), Thomas Cook (India) said, “ We see a large potential customer base in these cities… While we will continue our expansion in the Tier I and Tier II cities of India, our focus will be strong on the emerging Tier III markets like Ahmednagar and Gulbarga, and tap into the growth potential of these cities.”
TCIL's footprint currently extends to over 206 locations (including 25 airport counters) in 78 cities across India, Mauritius and Sri Lanka. It is supported by a network of 112 Gold Circle Partners and 166 sales agents in over 100 cities pan-India.
Shares of the company were up 1.11 per cent at Rs 68.50 on the BSE Friday.