Thomas Cook and Sentosa enters strategic agreement

Thomas Cook (India) and Sentosa Development Corporation (SDC), Singapore has entered into a three-year strategic agreement to send more tourists from India to Sentosa.

Both the companies will focus on the activities like product development, joint consumer promotions, as well as publicity to raise Sentosa’s profile in the India market. Thomas Cook will also provide exciting promotions and special offers on accommodations.

The company’s Q3FY19 revenue mix comprises of Travel and relates service (91 per cent), Vacation ownership and resorts business (4 per cent), Financial services (4 per cent) and others (1 per cent).

Thomas Cook (India) Limited (TCIL) is the leading integrated travel and travel related financial services company in the country offering a broad spectrum of services that include Foreign Exchange, Corporate Travel, MICE, Leisure Travel, Insurance, Visa and Passport services and E-Business.

On Friday, the stock of Thomas Cook opened at Rs. 247.80 and made an intraday high of Rs. 248.45 on the BSE. The stock had hit its 52-week high of Rs. 290 on May 4, 2018 and its 52-week low of Rs. 2,425 on October 9, 2018 on the BSE.