Category Archives: Agents

Thomas Cook India and SOTC Travel surveyed over 4000 customers across India’s Tier I-III cities in a recent survey to identify emerging consumer behaviours and trends that will drive travel preferences in the COVID era. The survey revealed that as many as 66% respondents are willing to spend additional towards personal health & safety, while 19% cite uncertainty as a concern. Safety seems to be a key parameter for at least 70% respondents.

In a survey by Thomas Cook India and SOTC Travel, 77% respondents continued to express strong preference for interaction with an expert for guidance/ reassurance – 27% opting to purchase holidays through retail outlets; 17% for home service; 33% preferred a contactless experience of a virtual store/video chat. On the other hand, 23% respondents opted for bookings via website/app. Over 4000 customers were surveyed across India’s Tier 1 – 3 cities to identify emerging consumer behaviours and trends that will drive travel preferences in the COVID era.

Sabina Chopra, Co-Founder and COO, Corporate Travel & Head Industry Relations, Yatra.com said they have witnessed that the turnaround time for travel bookings has been considerably quicker as compared to last year. “With the ongoing vaccination process in the country, people are more confident about booking for travels which will provide a boost to the industry,” she further said.

The first virtual ‘Korea Travel Expo’ will see buyers from West and South India indulging in B2B meetings with over 15 exhibitors from South Korea. In fact, 1/3rd of the delegation from South Korea is looking to explore the India market for the very first time or after many years. Register at www.koreatravelexpo.com, email jaspreet.kaur@ddppl.com or call +91 9650196532.

Gujarat CM Vijay Rupani visited Nadabet on India-Pakistan border and inspected various border tourism development works under the ‘Seema Darshan’ project. It is being developed at an estimated cost of Rs 125 crore and is expected to be completed before 15 August, 2021. Under this project, the Gujarat Tourism Corporation has completed the work of shelter development near Nadeshwari Mata temple. Tourism amenities are being developed in four phases.

Highlighting the importance of yoga on International Yoga Day, Prahlad Singh Patel, Minister of State for Tourism & Culture (I/C), said, “We know that the discussion around the world regarding mental health as well as post-Covid wellness – if anyone has a permanent solution for that it is India – whether it is in the form of Yoga, Ayurveda or Ayush.”

Despite the adverse impact of the pandemic, Thomas Cook India (TCIL) has witnessed sequential business recovery during the last nine months of fiscal 2021. This has resulted in sequential reduction in operating losses. The fund infusion TCIL received from its parent Fairfax of Rs 436 crore of optionally convertible cumulative redeemable preference shares during March 2021 has also mitigated impact of operating losses and provided support to its liquidity. Madhavan Menon, Managing Director, Thomas Cook (India), said, “The reaffirmation of the rating from CRISIL is a reassurance of our sound business fundamentals and financial management, despite the headwinds brought on by the pandemic. Factored in equally, is our strong brand equity and leadership positioning in the forex and travel businesses; as also the strong support from our parent Fairfax. Our consistent efforts at reimagining our businesses coupled with effective cost management have played a key role in navigating through the past 15 months and we will continue to focus on innovation and digitisation as we build momentum towards recovery.”    

The Resolution Plan submitted by the Jalan Kalrock Consortium for the corporate insolvency resolution of Jet Airways (India) Ltd was approved earlier today by the Hon’ble National Company Law Tribunal (NCLT), Mumbai Bench. The Consortium awaits the written order by the National Company Law Tribunal approving the Resolution Plan and shall inform all stakeholders on next steps for the revival of Jet Airways. NCLT asks the DGCA, Aviation Ministry to decide on slots within 90 days. A two-member bench of the NCLT pronounced its final ruling on the Kalrock Capital and Murari Lal Jalan consortium resolution plan for Jet Airways on June 22. Jalan had claimed that the consortium intends to get Jet back in the skies within four to six months of getting the approval. NCLT says the airline will have no historic right over landing slots.

The Yaas relief and health check-up camp organised by ETAA Eastern India Chapter in association with CAS, NatureMates and The Rotary Club of Calcutta (South Central) was completed smoothly in June 2021 in Mousuni Islands, Sunderbans despite the challenges of the bad weather, flooded roads, partial lockdown, and unavailability of public transport. Koushik Banerjee, Chapter Chairman (East India), says, “This couldn’t have happened without the co-operation of the forest department. The local people of Mousuni islands amazed us with their hospitality, humility and discipline.”

In order to ensure safety for its employees, Tripjack recently conducted a vaccination drive for its Mumbai office. Sharing this development is Hussain Patel, Director, Tripjack, says, “We at Tripjack took this important step towards the health and safety of our employees and managed to vaccinate more than 250 staff members. With the completion of our vaccination drive, we urge each and everyone to take this necessary step towards ending this pandemic. As travel begins, vaccination will become an important criterion.”