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SOTC Travel Limited, formerly SOTC Travel Private Ltd as well as Kuoni Travel (India) Pvt. Ltd., is a step-down subsidiary of Fairfax Financial Holdings Group; held through two companies, its Indian listed subsidiary, Thomas Cook (India) Limited (TCIL) and TCIL's subsidiary Travel Corporation (India) Ltd. Established in 1949, it is a travel and tourism company active across travel segments ...
Yatra made three acquisitions: ticket consolidator Travel Services International (TSI) in October 2010, [16] global distribution system provider Magicdom [17] and Indian events and entertainment portal BuzzInTown. [18] All were acquired for undisclosed amounts. [19] [20] In July 2012, Yatra.com acquired a 100% stake in Travelguru. [21]
Dynamic packaging is a method that is becoming increasingly used in package holiday booking procedures that enables consumers to build their own package of flights, accommodation, and rental car instead of a pre-defined packages. [4] Dynamic packaging allows guests to create their own vacation, similar to a private or custom tour.
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Thomas Cook had many ventures including the invention of the world's package tour in 1841, the first pre-paid hotel coupon in 1868, creation of the first holiday brochure in 1858, and conceptualization of the first Travellers Cheques in 1874.
Tourism in India is 4.6% of the country's gross domestic product (GDP). Unlike other sectors, tourism is not a priority sector for the Government of India.The World Travel and Tourism Council calculated that tourism generated ₹ 13.2 lakh crore (US$160 billion) or 5.8% of India's GDP and supported 32.1 million jobs in 2021.
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