Rising disposable incomes, GST reforms, and year-round travel habits are set to fuel India's tourism momentum, with Thomas Cook India projecting 50 million leisure travellers over the next five years
New China portfolio by Thomas Cook India and SOTC offers curated itineraries for leisure, MICE, and bleisure travellers as demand rebounds with renewed flight connectivity
Thomas Cook (India) Limited and its group company SOTC Travel on Monday announced the expansion of their China portfolio, promoting it as a key holiday destination for Indian travellers. This move is backed by a series of positive developments, including the strengthening of diplomatic relations between India and China, resumption of direct flight connectivity and a relaxed visa approval process -- all contributing to a renewed travel demand among Indians, Thomas Cook (India) stated. The growing interest is reflected by Thomas Cook India and SOTC's internal data, with departures selling out well in advance, even during a traditionally low-season (October-November). Capitalising on this strong consumer sentiment, the companies said they have expanded their China holidays portfolio. In addition to leisure travel, China's advanced infrastructure, expanding flight connectivity and return of trade events are also driving strong potential across both business travel and the MICE ...
Thomas Cook shares gained in trade after the company signed a Memorandum of Understanding (MoU) with the Ministry of Tourism, in a strategic move to strengthen the domestic tourism ecosystem.
Through this collaboration, Blinkit will provide doorstep delivery of Thomas Cook's Borderless Travel Card (for leisure travellers) and Study Buddy (for students) in Delhi, Bengaluru, and Mumbai
Company sees pickup in forward bookings post-Air India crash and Pahalgam attack; festive demand and long weekends to drive H2 recovery
The partnership brings Thomas Cook's Borderless Travel and Study Buddy cards to Muthoot's 7,000-branch network, expanding access to forex solutions across India
India has the potential to become a powerhouse in ocean and river cruise tourism, even as volatility of airfares and infrastructural gaps like limited availability of quality hotels pose challenges for the domestic market, Thomas Cook India Managing Director and CEO Mahesh Iyer said. In an interview with PTI, he highlighted that cruise holidays have emerged as a highly viable travel option by eliminating the complexities of multiple visas, offering seamless travel between destinations and an all-inclusive proposition of accommodation, dining, entertainment and sightseeing in one experience. "With government initiatives like the Cruise Bharat Mission and Maritime India Vision 2030, we foresee positive growth and expansion in this segment," the Thomas Cook India MD and CEO said. Further, outlining obstacles for the country's travel and tourism sector, he said challenges include infrastructural gaps like limited availability of quality hotels, particularly in the 3-star plus range, whi
Firm sees itself outperforming sector's 12-15 per cent growth forecast for FY26 after a strong Q4, with gains in Middle East DMS, MICE, and B2C travel segments
Q4 FY25 company results today: Bajaj Electricals, Ather Energy, JM Financial, Venky's, and CARE Ratings will be among 80 companies to post earnings reports for the January-March quarter
Thomas Cook (India) Ltd on Monday reported a 47.7 per cent decline in consolidated net profit to Rs 47.3 crore in the December quarter, impacted by higher expenses. The company had posted a consolidated net profit of Rs 90.53 crore in the same period in the last fiscal year, Thomas Cook (India) said in a regulatory filing. Consolidated income from operations during the quarter under review stood at Rs 2,061.01 crore as compared to Rs 1,893.13 crore in the year-ago period, it added. Total expenses in the quarter were higher at Rs 2,008.12 crore as compared to Rs 1,834.02 crore in the same quarter of the last fiscal year. "Despite escalated geopolitical tensions and abnormal currency volatility during the quarter impacting international DMS (destination management services) operations, we maintained our margins, reflecting our focus on effective cost management and sustainable growth across our lines of business," Thomas Cook (India) Executive Chairman Madhavan Menon said. Travel an
Omnichannel travel firm Thomas Cook (India) on Tuesday said it signed a partnership with the central government for providing accommodation, catering and transport services for the National Games of India 2025 being held in Uttarakhand. National Games of India 2025 is a multi-sport extravaganza bringing together top athletes from across the country to participate in 32 sporting disciplines and 4 demonstration events during January 28-February 14, 2025, Thomas Cook said in a statement. Thomas Cook India has been appointed the exclusive partner to deliver end-to-end management across 3 key portfolios of accommodation, catering and transport for 20,000 contingent, including over 10,000 athletes, 5,000 support staff, and 3,000 dignitaries. For this, the company has set up a dedicated team of over 200 members to manage operations across 11 locations and 32 venues. Additionally, the company will sponsor physiotherapy services throughout the 38th National Games with a dedicated team of 54
Thomas Cook India's operations were disrupted by a cyberattack that impacted its IT systems, prompting the company to shut down the affected infrastructure, it said in an exchange filing on Tuesday
The profit before interest, depreciation, and taxes (PBIDT) of the company increased by 28.6 per cent to Rs 168.2 crore Y-o-Y for the July-September quarter
The country's hospitality sector is likely to witness strong tailwinds in the medium to long term, with demand outpacing supply, Thomas Cook India's Executive Chairman Madhavan Menon said. In an interview with PTI, he shared that the company's expansion plans in India are focused on a phygital model, and it is looking at opening around 20 new holiday outlets this fiscal through a combination of owned and franchise locations, and this will include key source markets across Tier 1-3 cities and towns. The company reported a consolidated net profit of Rs 73.13 crore during the first quarter ended June 30, marginally up from Rs 70.93 crore a year ago, according to a regulatory filing. During the April-June quarter, Thomas Cook India's total income rose to Rs 2,134.33 crore from Rs 1,931.87 crore in the year-ago period. "In the medium and long term, the tailwinds for the hospitality sector remain strong, with demand expected to continue outpacing supply," Menon told PTI. Citing industry
Travel services provider Thomas Cook (India) on Tuesday said it has collaborated with National Payments Corporation of India (NPCI) to launch its first RuPay prepaid forex card for Indian travellers visiting the UAE. The partnership commences with the UAE as a pilot, which will be followed by a global rollout in a phased manner, Thomas Cook said in a statement. Travellers can use Thomas Cook's RuPay AED (United Arab Emirates Dirham) card extensively across the UAE for transactions and ATM withdrawals. The company claimed that it is the first and the only company to have partnered with NPCI to launch RuPay AED prepaid forex card. "This innovative Made-in-India initiative is a first-of-its-kind partnership with an Indian non-banking entity," Thomas Cook (India) Executive Vice-President - Foreign Exchange, Deepesh Varma said. The UAE is an important global market for Thomas Cook (India) foreign exchange business and the company's card business has witnessed a significant growth, with
Thomas Cook India's stock price zoomed 3.2 per cent at Rs 225 per share on the BSE in Thursday's intraday trade
Q4 FY24 company results: Dixon Technologies, Jindal Stainless, Power Finance Corporation, Thomas Cook will also release their financial results
Targeting the surge in demand for spiritual tourism, Thomas Cook India and its group firm SOTC Travel have partnered with the Uttarakhand Tourism Development Board to offer aerial darshans to Adi Kailash and Om Parvat, the company announced on Wednesday. The five-day spiritual tour has been launched at a price of Rs 90,000 per person -- subsidized by the Uttarakhand Tourism Development Board. The base camp for the tour will be Pithoragarh, in Uttarakhand. The darshans will start from the second day onwards. On the day-2 of the trip Manokamna temple darshan will be organised and on day-3 onwards there will be Adi Kailash & Om Parvat darshan. Each batch of the five-day spiritual tour will consist of 14 persons. Thomas Cook and SOTC's data indicates a significant demand of 100 per cent YoY for Spiritual Tourism. The tour includes two helicopter darshans to Adi Kailash and Om Parvat, an ATV (All-Terrain Vehicle) for journey to the Parvati Sarovar temple and all meals (vegetarian), ...
Travel and forex services company Thomas Cook (India) on Thursday said it has partnered with National Payments Corporation of India (NPCI) to launch a RuPay prepaid forex card for Indians travelling to the UAE as a pilot. "We are bullish about our forex card business and I am delighted to partner with NPCI for the upcoming launch of our pioneering RuPay prepaid forex card. "This unique Made in India initiative will go live with UAE as the pilot destination, followed by a phase wise global rollout," Thomas Cook (India) Managing Director and Chief Executive Officer Mahesh Iyer said in a statement. Thomas Cook RuPay card will be offering many benefits, including Thomas Cook travel vouchers worth Rs 13,900, lounge access at International Airports in India, free ATM withdrawal, free replacement on loss of card, complimentary insurance cover and more, he added. NPCI said, "We extend gratitude to our partners, Thomas Cook and Card91, for their collaborative efforts in crafting and develop