Moneycontrol PRO
Check Credit Score
Check Credit Score
HomeNewsBusiness

Thomas Cook buoyant on strong Rupee, offers election sops

The company has decided to offer sops to celebrate the Lok Sabha election and launched 'Ghar Jao Vote Karo' campaign ahead of the polls that begins Thursday.

April 10, 2019 / 07:51 PM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

On the back of strong Rupee, travel major Thomas Cook (India) Ltd Wednesday said it registered a robust growth of booking for international travel from India in the January-March period of 2019 as elections have not shown any negative sentiment to tours.

The company has decided to offer sops to celebrate the Lok Sabha election and launched 'Ghar Jao Vote Karo' campaign ahead of the polls that begins Thursday.

"We have registered 20 per cent jump in revenue while the number of travellers' booking rose by 15-16 per cent in the January-March 2019 compared to the same period last year," Thomas Cook India VP (holidays) Romil Pant said.

About the sops around elections, he said, "We are offering Rs 1,000 discount for domestic travellers booking an air ticket from workplace city to their hometown to vote."

After voting, travellers with the indelible mark on their fingers, the proof of that they had voted, will get Rs 3000 discount per person on domestic holidays and Rs 5000 on international travels, Pant said.

The Rupee had regained some 10 per cent from its recent lost ground from a low of Rs 74 against US Dollar, encouraging travellers. The sector had suffered owing sharp Rupee depreciation last year.

Pant said there have been some talks of election tourism among international travellers to India but that remains at a very nascent stage.

Thomas Cook is focused on outbound travel.

In Gujarat, some travel agents have been promoting election tourism among international tourists in line with Mexico to showcase Indian election as a festival.

Cruise as a segment is gaining momentum with strong uptake of 32 per cent, he said adding that the country's first domestic luxury cruise is set to begin sailing between Goa and Mumbai from April 17.

He said the "women only" groups for international destinations are gaining more attraction.

Pant said the east market is promising and Kolkata was showing the strongest growth of 25 per cent growth in customised holidays in the recent period.

PTI
first published: Apr 10, 2019 07:50 pm

Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347