Abacus India affirmed its growing role in facilitating the corporate travel segment with the signing of Thomas Cook (India) Ltd. to the Abacus reservation system for travel bookings.
Mumbai, January 2008 - Abacus India affirmed its growing role in facilitating the corporate travel segment with the signing of Thomas Cook (India) Ltd. to the Abacus reservation system for travel bookings.
Thomas Cook (India) Ltd. is the largest travel and financial services company in India offering a broad spectrum of travel-related services that include corporate travel, foreign exchange, leisure travel and insurance established in India for more than 125 years.
Ms.Charmaine Ng, Managing Director, Abacus India Pvt Ltd welcomes the addition of Thomas Cook to the Abacus network of over 15,000 travel agency locations across Asia.
"Our success with Thomas Cook India confirms Abacus as a significant force in the India corporate travel market. Advances we have made in introducing a superior pricing and fare system through Abacus SmartPrice, together with our industry leadership in online technology, enabled us to offer unmatched value to Thomas Cook," Said Ms Ng.
President and Head of Travel Business, Thomas Cook (India) Ltd., Ms. Nalini Gupta said, "We selected Abacus because it was better able to support our technological strategic direction. Abacus also provides the best reach and networks in the region that supports our business growth plans and distribution of our products. We are confident that Abacus is the right partner of choice and we look forward to a rewarding partnership with Abacus."
"Abacus International is committed to our investment in India. Our success in being the preferred GDS for both the online and wholesaler travel segment is testimony to our understanding of the needs of our customers," said Mr Kenneth Low, Vice-President, South Asia, Abacus International Pte Ltd.
"Our business in India is performing strongly with booking numbers around 10% ahead of the growth targets we set for 2007. The addition of TMCs such as Thomas Cook India will certainly strengthen our footprint in India further," added Mr. Low.
About Abacus Distribution Systems (India) Pvt Ltd
Abacus Distribution systems (India) Pvt Ltd is an fully owned subsidiary of Abacus International, the leading travel facilitator in the Asia Pacific region. Abacus Distribution Systems (India) Pvt Ltd has around 1800 agency locations with offices in all the major cities of India and covering whole of India.
More information on Abacus India can be found at www.abacus.co.in.
About Abacus International
Singapore-based Abacus International is the Asia-Pacific's leading travel facilitator with around 11,000 travel agency locations in 24 markets. With 18 years of experience in fusing international best practices and local expertise with global and local partnerships, Abacus provides travel information and reservations specifically tailored to the Asia-Pacific region.
Abacus International is owned by Sabre and a consortium of Asia's leading airlines including All Nippon Airways, Cathay Pacific, China Airlines, EVA Airways, Garuda Indonesia, Dragonair, Philippine Airlines, Malaysia Airlines, Royal Brunei Airlines, SilkAir and Singapore Airlines. Sabre is the US-based leader in the electronic distribution of travel and travel related services.
More information on Abacus can be found at www.abacus.com.sg.
About Thomas Cook
Thomas Cook (India) Ltd. is the largest Travel and Financial Services Company in the country offering a broad spectrum of travel-related services that include Foreign Exchange, Corporate Travel, Leisure Travel, and Insurance. The Company launched its Indian operations in 1881 and is celebrating its 125 years of world-class service in India. In December 2006 Thomas Cook India acquired the entire shareholding of Travel Corporation (India) Pvt. Ltd. (TCI) in an all cash deal. Post acquisition TCI became a wholly owned subsidiary of Thomas Cook India. Present in 55 cities across 200 locations in India with over 3,000 employees, Thomas Cook (India) Ltd. is listed in the BSE and NSE stock exchanges.
Thomas Cook (India) Ltd. has been a recipient of a number of highly prestigious awards, including Golden Peacock Award for Excellence in Corporate Governance 2006 (Finalist Certificate) by Institute of Directors for ethical business practices and Best Travel Agency Award, 2005 by The Pacific Asia Travel Writers Association (PATWA), PATA Gold Award, 2005 by Pacific Asia Travel Association (PATA) for marketing in the category of Industry Tour Operator / Travel Agent.
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