Tuesday, November 5

Tag: travelers

Thomas Cook India Acquires Branding Rights for India, Sri Lanka & Mauritius
INDIA

Thomas Cook India Acquires Branding Rights for India, Sri Lanka & Mauritius

Travel services firm Thomas Cook India has entered into an agreement to acquire the rights of the Thomas Cook brand in India, Sri Lanka and Mauritius for around Rs 13.9 crore. The company has signed a pact with AlixPartners, Thomas Cook UK's appointed special managers, to acquire the exclusive ownership of the brand in these three markets for one-time payment of GBP 1.5 million (around Rs 13.9 crore), the travel services company said in a statement. "I am delighted that we have been able to sign an agreement to acquire the rights to the iconic Thomas Cook brand across India, Mauritius & Sri Lanka. The brand is one of the most respected names in the travel services space and one that we at Thomas Cook India have operated uninterrupted for 138 years since 1881," Thomas Cook (India)...
Treebo Makes its First Acquisition by Getting Hold of Events High
ACQUISITION

Treebo Makes its First Acquisition by Getting Hold of Events High

India’s third-largest Bengaluru-based Hotel chain, Treebo Hotels has made its very first acquisition by getting hold of an event and activity discovery platform that brings all events, movies and things to do in various cities of our country. The acquired company is known as Events High. The event company provides various kind of information to the customers regarding the events and activities and also the ability to book them in 8 cities (Bengaluru, Mumbai, Delhi, Chennai, Hyderabad, Pune, Kolkata and Goa). The activities that they offer consists of – concerts, heritage walks, treks and hikes, dance workshops, educational workshops, cooking classes, sports carnivals, summer camps, road trips, language festivals, parties and nightlife and various other adventurous activities and fun eve...