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Thomas Cook advances on introducing ‘Easy Payment Plan’ for Holidays

Thomas Cook is currently trading at Rs. 142.10, up by 2.80 points or 2.01% from its previous closing of Rs. 139.30 on the BSE.

The scrip opened at Rs. 139.55 and has touched a high and low of Rs. 143.60 and Rs. 137.65 respectively. So far 11487 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 263.85 on 23-Apr-2019 and a 52 week low of Rs. 115.05 on 24-Oct-2019.

Last one week high and low of the scrip stood at Rs. 145.00 and Rs. 133.70 respectively. The current market cap of the company is Rs. 5202.14 crore.

The promoters holding in the company stood at 66.90%, while Institutions and Non-Institutions held 20.87% and 12.23% respectively.

Thomas Cook (India) has introduced ‘Easy Payment Plan’, a unique offering enabling consumers to book their dream holiday with just a token payment of 10%. The balance 90% payment is then made prior to receiving the final handover of their travel related documents, before departure. The Easy Payment Plan is valid for all bookings made up to November 30, 2019.

In an initiative to provide convenience and flexibility, the company’s Easy Payment Plan takes away the worry about upfront payment with an easy paced payment plan: a minimal 10% booking amount. Through this initiative, the company aims to significantly reduce the burden of paying for holidays in one go, while encouraging consumers to enjoy planning for their dream vacation.

In addition, the company also offers its customers the benefit of 100% refund on Summer 2020 tour cancellations made before December 31, 2019. A further gain for its customers is a free 3-day domestic holiday on every Summer 2020 international holiday.

Thomas Cook (India) 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 & Passport services and E-Business.