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Travel Money and Travel Tours launch first exclusive retail store in Thane India

Author: Theodore Koumelis / Date: Wed, 07/10/2019 - 08:03
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Travel Money, foreign exchange arm of FCM Travel Solutions, and Travel Tours, the leisure travel brand of FCM Travel Solutions launched launch their first owned retail store in Thane, taking the overall footprint to 41 & 36 stores respectively across India.

Mumbai/Thane,  India -- Travel Money, the Foreign Exchange brand of FCM Travel Solutions and Travel Tours, the leisure travel brand of FCM Travel Solutions - Indian subsidiary of Flight Centre Travel Group Australia further expanded their presence in Maharashtra by inaugurating their eighth retail store in the state, and their very first store in Thane, on 01st July 2019. The stores were inaugurated in the presence of Mr. Rakshit Desai, Managing Director, FCM Travel Solutions, Indian Subsidiary of Flight Centre Travel Group, Mr. Gagan Malhotra, Brand Leader, Travel Money, Foreign Exchange Brand of FCM Travel Solutions and Mr. Anand Menon, Brand Leader, Travel Tours, Leisure Travel Brand of FCM Travel Solutions. This expansion adds to the total number of outlets to 41 Travel Money and 36 Travel Tours stores across India, out of which 8 of each business are now located in Maharashtra.

Taking into consideration the ever-growing demand from travel enthusiasts and trends witnessed across the travel sector for Foreign Exchange and Leisure Travel, the store offers a variety of foreign exchange services such as Buying & Selling Foreign Currency, Forex Card for business or leisure activities and Outward remittances for Educational, medical or other maintenance purpose. For leisure travelers, services offered include Domestic and International Flights, Customised and Group Holidays, Hotels, Car Transfers, Visa, Cruise vacations, Honeymoon packages, Adventure holidays and more. 

Speaking on extensive expansion, Mr. Gagan Malhotra, Brand Leader, Travel Money, Foreign Exchange brand of FCM Travel Solution, said, “Our newest store in Thane is at a prime location which is centrally nestled between Mumbai, Navi Mumbai and other surrounding regions. We will be delighted to service inbound travellers as well as the growing number of international travellers and provide our consumers easy access to foreign exchange. We aim to deliver quality and convenience in all aspects of foreign exchange including remittance for students, Leisure & Business travel, Prepaid Travel Cards, and much more to our travellers. It is a reinforcement of our strategic intent at FCM Travel Solutions - to expand our footprint across key markets in the country. Mumbai is the financial capital of the country and Thane is our obvious choice to extend our business and increase distribution in the neighbouring regions.”

Speaking about the launch, Mr. Anand Menon, Brand Leader, Travel Tours, Leisure Travel Brand of FCM Travel Solutions, said, “The launch of our 36th outlet signifies our stronghold in the western region. Off late we have witnessed a surge in demand from leisure travel enthusiasts from Thane and the surrounding areas for outbound destinations for short haul destinations like Dubai, Singapore, Malaysia etc. as well as for long haul destinations like Europe, USA and Australia. Thane is a growing suburb and in recent times has emerged as a potential business market. Travel Tours is known not only for its unbeatable travel deals but also, for expert travel consultants who can plan customized holidays to any destination with their personal recommendation and tips, and thus creating life-defining experiences. We curate packages that are tailor-made according to our client’s requirements and we empower our consultants to take quick and independent decisions about discounts and services that we have to offer.”

Travel Money’s current footprint extends to a total of 41 stores across India in all major cities including Delhi, Gurgaon, Mumbai, Pune, Ahmedabad, Chandigarh, Bangalore, Cochin and Nashik via a combination of owned branches and franchise outlets. While Travel Tours’ current footprint extends to a total of 36 stores across Mumbai, Delhi, Chandigarh, Jalandhar, Ahmedabad, Vadodara, Pune, Bengaluru, Hyderabad, Kochi, and Anand via a combination of owned branches and newly opened franchise outlets.

ABOUT THE AUTHOR

Theodore Koumelis

Co-Founder & Managing Director

Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.