Thomas Cook India Launches Two New Foreign Exchange Outlets in UP | CORPORATE ETHOS

Thomas Cook India Launches Two New Foreign Exchange Outlets in UP

By: | March 8, 2018

Mar 8: Thomas Cook (India) Ltd, India’s leading integrated travel and travel related financial services company, on Thursday said that it has opened two new foreign exchange outlets at Varanasi in the state of Uttar Pradesh.

“Industry data highlights that Varanasi Airport has witnessed strong growth in passenger numbers- from 1 Million in 2014–2015 to 1.9 Million passengers in 2017–2018. In addition, Thomas Cook India’s internal research has reiterated the strong and growing potential of India’s Tier II & III source markets and based on high potential, Varanasi airport was selected for its new Foreign Exchange outlets,” the company said in a statement.

The two new airport counters extend the company’s Foreign Exchange distribution and reach for Uttar Pradesh to a total of 12 consumer access centres: 7 owned branches and 5 Gold Circle Partner (franchise) outlets.

Commenting on the development, Deepesh Varma, Vice President & Head – Sales & Relationship Management Foreign Exchange, Thomas Cook (India) Ltd, said, “Our two new Foreign Exchange outlets at Varanasi’s Lal Bahadur Shastri International Airport, will offer travellers easy access to Thomas Cook India’s range of Foreign Exchange products and services- right at the airport on arrival or departure.”

Shares of the company were trading at Rs 258, up 0.64% from the previous closing of Rs 256.35, on BSE at 3.28 pm today.