Thomas Cook (India) Limited has established its presence in the European Union (EU) by setting up its first office in Cyprus (Nicosia). The Company - Travel Circle International (Cy Cyprus) Limited (TCI Euro) is a subsidiary of Thomas Cook (India) Limited through its wholly owned subsidiary - Travel Circle International (Mauritius) Ltd. The company will focus on the business travel needs of both its multinational clients and India-based clients with a presence in Europe. TCI Euro, has been strategically setup to benefit business travellers based in Europe, by offering special local pricing and inventory for air and non-air services - that are not available in India.
Setting up its first EU office offers multi-pronged, long-term opportunity to Thomas Cook India, opening up the Europe market for a diversity of its travel segments - starting with business travellers. The Cyprus office was inaugurated by Indiver Rastogi, President & Group Head, Global Business Travel, Thomas Cook (India) Ltd. and Sanjay Tugnait, President & CEO - Fairfax Digital Services (A Fairfax Company) in the presence of esteemed government officials: Kostas Koumis, Deputy Minister of Tourism of Republic of Cyprus, Manish Manish, High Commissioner of India to Cyprus and business partners Karavias Fokion, Group CEO of Eurobank Greece & Srini Rao, Executive VP & Chief Business Officer - LTIMindtree Ltd. Thomas Cook India's EU foray - Business Rationale. EU Market Access: inroads into the EU's extensive travel opportunity, facilitating seamless operations across member states.
Pricing Advantage: Offers access to competitive EU local pricing and inventory. Improved Customer Experience: Local presence in Europe to enhance overall customer service. Expansion of segments: Commencing with business travel, opportunity to leverage multiple travel sectors.
