September 12, 2018 TnH Global 1

Thomas Cook India opens new foreign exchange outlets in Jaipur Airport

Thomas Cook (India) Ltd. has identified the state of Rajasthan as a significant growth market for its Foreign Exchange business and to leverage this opportunity, has opened two new counters at Jaipur International Airport. The outlets were inaugurated by J. S. Balhara, Airport Director, Jaipur International Airport in the presence of Deepesh Varma, Sr. Vice President – Foreign Exchange.

Industry data highlights that Jaipur International Airport has witnessed strong growth in passenger numbers- from 2.20 in 2014–2015 to 4.80 Million passengers in 2017–2018. In addition, Thomas Cook India’s internal research has reiterated the strong and growing potential of India’s Tier II & III source markets and based on high potential, Jaipur airport was selected for its new Foreign Exchange outlets.

Jaipur is a key destination for foreign tourists visiting the famous City Palace and Hawa Mahal; equally for its significant and growing market of outbound travellers. The two new airport counters extend Thomas Cook India’s Foreign Exchange distribution and reach for Rajasthan to a total of 11 consumer access centres: 6 owned branches/outlets and 5 Gold Circle Partner (franchise) outlets.

The consumer empowering Foreign Exchange Product-Service portfolio available at the airport includes:

A range of key global currencies including US Dollar, Euro, Pound, Australian Dollar, Yen, Canadian Dollar, Singapore Dollar.
Prepaid Travel Cards
Multi-currency Borderless Prepaid Card in partnership with MasterCard- with 8 global currencies
Thomas Cook One Currency Card – India’s first prepaid card with Zero cross currency conversion fees

Deepesh Varma, Sr. Vice President & Head – Sales & Relationship Management Foreign Exchange, Thomas Cook (India) Ltd. said, “Jaipur is a key and high growth opportunity for our Foreign Exchange business being a prime gateway airport for the cultural tourists, also for Rajasthan’s strongly emerging outbound travel segment. At Thomas Cook India, we have identified Jaipur as a powerful source market given strong growth continuum of 18% YoY for our Foreign Exchange business.”

He added, “Our two new Foreign Exchange outlets at Jaipur International Airport, will offer travellers easy access to Thomas Cook India’s range of Foreign Exchange products and services- right at the airport on arrival or departure.”