Expert Advice from Headquarters to Franchise at the opening of the Yes Franchise This extension extends the distribution and reach of Thomas Cook Indias in Uttar Pradesh to 6 consumer access centres: 1 subsidiary and 5 Gold Circle Partner (franchise) Outlets. The company`s network in Uttar Pradesh spans 5 sites, including Lucknow, Kanpur, Meerut, Ghaziabad and Prayagraj. VS: We look at people who have a good influence in a given region and who share our vision and our idea of doing business. In addition, the franchisee must have an outlet on High Street with an area of 400-600 sq.ft. The interior design and infrastructure of the outlet are carried out in accordance with Thomas Cook`s guidelines and an investment of Rs 5 to 15 lakh is required to start our franchise. In short, people of all life who come from the travel industry or not can enjoy our franchise. In 2010, the Thomas Cook Group agreed with Co-operative Group to merge its branch network with that of The Co-operative Travel. The transaction was approved by the Competition Commission in 2011 and the joint venture was 66.5% owned by the Thomas Cook Group, 30% of the Co-operative and 3.5% of the Midlands Co-operative (in 2014, the joint venture was called Central England Co-operative). [25] The operation gave rise to the UK`s largest travel network.
[26] Thomas Cook going Places brands have been renamed under the Co-operative brand. [27] VS: The Thomas Cook Gold Circle program (franchise) is an exclusive partnership to strengthen the company`s presence in India. It helps the company maintain its leadership position by increasing customer access points and effectively delivering quality services with an integrated travel solution concept. RK: What is the context necessary to secure the company`s franchise? The preferred location of the Central Thomas Cook outlet franchise has signed a franchise agreement for the opening of a rustic Casa Cook with the Sa Torre Hotel in Mallorca. In 2012, when TCIL was acquired by Fairfax Financial Holdings of Canada, TCIL entered into a trademark licensing agreement with Thomas Cook Group UK for exclusive use of the brand in India, Sri Lanka and Mauritius until 2024. The trademark licensing agreement also gave TCIL the right to refuse the trademark in the event of Thomas Cook UK Group being liquidated before 2024. Vishal Suri (VS): The Thomas Cook Group was created on June 19, 2007 from the merger of Thomas Cook AG and MyTravel Group plc. The new company is one of the world`s leading leisure groups, with a turnover of about $9 billion (12 billion euros), 19 million customers, 30,000 employees, a fleet of 97 aircraft, a network of more than 3,000 own trips or franchises and a series of hotels and real estate.