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Jul, 01 2007

Thomas Cook eyes 35 franchisees

Thomas Cook India (TCIL), one of the largest travel players in the country, is planning to open 35 franchisee outlets across the country by December 2007.

Thomas Cook India (TCIL), one of the largest travel players in the country, is planning to open 35 franchisee outlets across the country by December 2007. The franchisee outlets will come up in Nagpur, Bhavnagar, Surat, Ahmedabad, Noida, Greater Noida, Karnal, Haryana, Punjab and Kerala. At present, the company owns 196 branches in 56 cities.

The travel major will open the franchisee outlets under its new network programme 'Gold Circle Partnership' where it will join hands with small and medium-tour operators to create a network of Thomas Cook-branded travel shops in B and C grade cities.

The outlets will provide a complete holiday offering to customers in the respective regions. The franchisee will offer a range of products and services. IT and telecommunications will also be set up at the location. The first franchisee outlet will be inaugurated in Ulhasnagar near Mumbai.

Thomas Cook's Gold Circle Partner will set up the franchise outlet according to the TCIL specifications. The cost of setting up a franchise will cost anywhere between Rs 9 to 12 lakh to the franchise owner. The franchisees will operate on a five-year minimum lease or ownership pattern and will recruit staff and manage administrative and payroll costs too.

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