Thomas Cook (India) country’s largest integrated travel and travel related financial services company is scouting for opportunities to expand its business beyond travel and foreign exchange services through acquisitions. The company will be considering service areas to grow its business, but not in asset-heavy sectors such as hotels.
Other than this, the entity is also planning to expand its franchise distribution network from 129 to 142 next year. It is increasing its online platform, shifting some of its services on the web, for instance the company is testing a model to book foreign exchange online and deliver it at the doorstep of the customer within 24 hours.
