New Delhi, Sep 18 Thomas Cook India has opened four outlets in North India to tap the strong potential of source markets in the region, the travel services provider said today.
This augments the company's distribution and reach in North India to 42 consumer access centres, of which 13 are owned branches and 29 franchise outlets, Thomas Cook India said in a statement.
The new outlets will be in NCR's Rajouri Garden, Pitampura, Lajpat Nagar and Jodhpur in Rajasthan, it added.
"North India is a powerful source market for us at Thomas Cook India and we are witnessing strong growth of over 25 per cent year-on-year across our leisure travel businesses lines," Thomas Cook India President and Country Head Leisure Travel and MICE (Meetings, Incentives, Conferences, and Exhibitions), Rajeev Kale said.
The company's strategic intent is to maximise on this market potential via organic expansion and it has carefully selected high footfall centres for the new outlets in prime catchment locations, he added.
The stock of Thomas Cook (India) Ltd was today trading at Rs 243 in the afternoon trade on BSE, down 0.43 per cent from its previous close.
Mumbai, Sep 18 Witnessing a strong growth in leisure business in north India, Thomas Cook (India) has decided to expand its footprints in the region.
"North India is a powerful source market for us and we are witnessing strong annual growth of over 25 per cent across our leisure travel businesses lines.
"Our intent is to maximise on this market potential via organic expansion and we've selected high footfall centres for our new outlets in prime locations within the larger NCR metro and Jodhpur in Rajasthan," Thomas Cook (India) President and Country Head, Leisure Travel and MICE, Rajeev Kale said.
The integrated travel and travel related financial services company has strengthened its presence with the opening of four new outlets in the National Capital Region (NCR) and Jodhpur.
This year has seen a significant uptake for holiday favourites like USA and Canada, UK, France, Switzerland and Asia's Singapore, Thailand and Malaysia from travellers from the northern region, the company said.
Equally, it said, the demand has also grown for Australia, New Zealand and South Africa. Strong emerging destinations are Hungary, Czech Republic, Croatia, Romania, Japan and Bali, as also exotic locales like Georgia and Azerbaijan.
In the north, family vacations topped the holiday segment with a 40 per cent growth, followed by cruise holidays which saw a growth of over 35 per cent this year, it said.
Cruise holidays for Singapore, Malaysia, Hong Kong, Macau and Dubai have powered the tourist growth from north this year, the company added.