The post CRISIL upgrades Thomas Cook India Group’s ratings to CRISIL AA/Stable/CRISIL A1+ appeared first on TD (Travel Daily Media) Travel Daily Media.

CRISIL has upgraded the long-term rating and corporate credit rating (CCR) of Thomas Cook (India) Limited (TCIL) to ‘CRISIL AA/Stable’ from ‘CRISIL AA-/Positive’. The short-term rating has been reaffirmed at ‘CRISIL A1+’. Mahesh Iyer, Managing Director & CEO, Thomas Cook (India) Limited said: “This upgrade in CRISIL’s long term rating to ‘AA/Stable’  represents the highest credit rating in Thomas Cook India’s history. Also, this is the highest credit rating for any travel and tourism company in India. As leaders in India’s travel & tourism industry, it also reflects the Company’s growth in earnings, strong balance sheet, long-term resilience and sustainability measures – coupled with the upgrade in our parent company’s credit rating to ‘A-/Stable’.

The upgraded rating for TCIL also recognises the continued trust and commitment of Fairfax Financial Holdings to the Thomas Cook India Group. As we look ahead, this recognition enhances our ability to scale with confidence and deliver greater value to our customers and stakeholders.”

The Thomas Cook India Group reported a healthy 11% revenue growth y-o-y to ₹8,251 crore in FY25 (from ₹7,405 crore in FY24), driven by strong demand across business lines. The travel segment—accounting for over 75% of total revenues—led the surge with 15% growth to ₹6,469 crore, Forex and Hospitality grew by 8% and 10% respectively.

Structural cost reduction initiatives, including automation and branch optimisation have contributed to improved operating margins and enhanced return on capital employed (ROCE), thereby strengthening the Group’s financial risk profile. The financial risk profile has also improved following sustained healthy operating performance, as reflected in its adequate capital structure and strong liquid surpluses.

Improved liquidity of the Thomas Cook India Group: with estimated cash and bank balance of Rs 2,070 crore as on March 31, 2025 (unencumbered balance is ~Rs.700 crore), along with annual cash accrual estimated above Rs. 300 crore. Cash and cash equivalents continue to be strong, supporting both investment and operational requirements. CRISIL expects the financial metrics to remain healthy with consistent cash accruals and disciplined capital management.

The upgrade in rating follows the rating upgrade on the debt facilities of the parent, Fairfax Financial Holdings Ltd (Fairfax) by S&P Global Ratings to ‘A-/Stable’ from ‘BBB+/Positive’.

CRISIL Ratings has combined the business and financial risk profiles of TCIL and its subsidiaries, including Sterling Holiday Resorts Ltd (Sterling), TC Tours Ltd (CRISIL AA-/Stable/CRISIL A1+), Travel Corporation India Ltd (CRISIL AA/Stable), SOTC Travel Ltd (CRISIL AA/Stable/CRISIL A1+), Travel Circle International Ltd, Horizon Travel Services LLC, Travel Circle International (Mauritius) Ltd, and Digi-photo Entertainment Imaging group (DEI). This is because all these entities, collectively referred to as the Thomas Cook India group (or “Group”), are strategically important to, and have considerable operational integration with TCIL.

 

The post CRISIL upgrades Thomas Cook India Group’s ratings to CRISIL AA/Stable/CRISIL A1+ appeared first on Travel Daily Media.

Source: traveldailymedia

The post IndiGo Announces “Monsoon Sale” appeared first on TD (Travel Daily Media) Travel Daily Media.

IndiGo announce its “Monsoon Sale,” offering attractive fares and exclusive discounts on a range of add-ons for both domestic and international travel. This limited-time offer provides customers with the perfect opportunity to plan their monsoon getaway with IndiGo.

During the sale, customers can book all-inclusive one-way domestic fares starting at just ₹1,499 and international fares from ₹4,399. For those seeking added comfort, IndiGoStretch fares are available from ₹9,999, delivering extra legroom at exceptional value.

The sale is valid for bookings made from June 24, 2025, to June 29, 2025, for travel between July 1, 2025, and September 21, 2025.

Additionally, IndiGo is offering a range of attractive discounts on popular add-ons:

• Up to 50% off on pre-paid excess baggage for domestic flights and on 15kg, 20kg & 30kg allowances for international sectors.
• Up to 50% off on Fast Forward on select domestic and international sectors, allowing you to breeze through airport security.
• Standard seat selection is available starting at just INR 99 on select domestic and international sectors.
• Emergency XL (Extra legroom) seats are available starting at INR 500 for domestic sectors.
• Up to 30% off on 6E Prime and 6E Seat & Eat on select domestic and international sectors.
• Secure your booking with a Zero Cancellation Plan for INR 299.

For bookings, customers may connect with IndiGo’s friendly AI assistant, 6Eskai, available on its website and app.

 

 

The post IndiGo Announces “Monsoon Sale” appeared first on Travel Daily Media.

Source: traveldailymedia

The post Avinash Kanti Teelock appointed Director of MTPA appeared first on TD (Travel Daily Media) Travel Daily Media.

The Mauritius Tourism Promotion Authority (MTPA) announces the appointment of Avinash  Kanti Teelock as its new Director, effective as from 30th May 2025. 

With over a decade of experience in the tourism and hospitality industry, Teelock brings a strategic  vision and dynamic leadership style to one of the country’s most vital sectors.

Teelock has held senior roles in some of Mauritius’s most prominent hospitality groups, including  Attitude Hotels, where he served as Key Account Manager from 2017 to 2023. In this role, he led client  relations and sales initiatives, driving growth through international partnerships and tailored market  strategies.

Prior to this, he worked as a Cluster Sales Executive at Hilton Mauritius Resort & Spa, managing sales efforts  across luxury properties with a strong focus on MICE tourism and high-end clientele. He began his career in  the sector as a Sales and Marketing Executive with Beachcomber Hotels, where he developed a deep  understanding of brand positioning and guest experience.

A graduate of the University of Manchester, Mr. Teelock holds a Bachelor’s degree in Modern Language,  Business, and Management (Chinese). He is fluent in English and French, with advanced proficiency in  Mandarin, reflecting a strong capacity for engaging with key Asian tourism markets.

Commenting on his appointment, Teelock said:

“It is an honour to serve Mauritius in this role. I am committed to enhancing our country’s global tourism  profile by promoting sustainable, culturally rich, and innovative travel experiences.”

As Director of the MTPA, Teelock will spearhead efforts to strengthen Mauritius’s position as a leading  island destination, with an emphasis on sustainability, digital transformation, and market diversification.

This appointment marks a strategic step in aligning the country’s tourism goals with global trends and  traveller expectations.

 

The post Avinash Kanti Teelock appointed Director of MTPA appeared first on Travel Daily Media.

Source: traveldailymedia

The post TGT Technology Global Launches Innovative Cross-Border eSIM Solution at MWC2025 appeared first on TD (Travel Daily Media) Travel Daily Media.

TGT Technology Global, a global cloud communications platform, unveiled its cross-border eSIM communication solution at MWC 2025. Designed for Japanese outbound travelers, the solution provides more convenient, economical, and stable international connectivity — eliminating costly roaming fees and complex SIM card switching.

Convenient and flexible, can be customized with tens of thousands of SKUs. Users do not need to replace physical SIM cards, can switch communication services of different countries through mobile phone settings, greatly simplifying communication needs for international travel; users can select different operators and network packages as needed, enjoying more personalized communication services.

200+ countries coverage with seamless connectivity. Global network coverage supports use in 200+ countries/regions, 1000+ data package SKUs, one card travels smoothly worldwide without worries; instant activation, automatically connects to network upon landing, avoiding “disconnection anxiety”.

Multi-country resources, premium experience. Intelligently accesses local optimal 4G/5G networks, intelligent network algorithms ensure high-speed stable, low-latency network experience, smoothly supports key applications like navigation, video, payment; supports smart phones, tablets, smart watches and other devices, meeting business, travel, entertainment full-scenario needs.

Comperitive Price. Direct connection with local operators avoids high international roaming fees, provides localized data pricing, reduces costs and increases efficiency; eSIM embedded in devices, built-in high-level encryption mechanisms guarantee user communication security and data privacy, making global smooth connection more reassuring.

TGT has collaborated with Japanese travel agencies, airlines, and OTA platforms. Enhanced services will launch in Summer 2025, advancing “seamless global connectivity” for Japanese users. Future innovations will make cross-border communication smarter and more accessible

 

 

 

The post TGT Technology Global Launches Innovative Cross-Border eSIM Solution at MWC2025 appeared first on Travel Daily Media.

Source: traveldailymedia

The post AirAsia X launches new route to Tashkent, Uzbekistan appeared first on TD (Travel Daily Media) Travel Daily Media.

 

AirAsia X (AAX) celebrated its growing presence in Central Asia with the announcement of a brand new route to Tashkent, Uzbekistan, commencing on 15 October 2025 with a frequency of three times a week.

Following AAX’s entry into the region with Almaty, Kazakhstan in early 2024, with a consistently strong load factor and increased flight frequencies, the Tashkent route is aimed at further facilitating air travel between Southeast Asia and Central Asia, fostering stronger trade, tourism and business ties between the regions. This connectivity will also enable more travellers in Asean as well as Australia, to explore Uzbekistan affordability with AirAsia’s seamless Fly-Thru options, spanning over 130 destinations worldwide.

Benyamin Ismail, CEO of AirAsia X said: “The launch of our Kuala Lumpur-Tashkent route is a strategic milestone in AAX’s continued growth across Asia and beyond. Central Asia presents immense potential, with Uzbekistan’s economy growing steadily and a rising middle class eager to explore new destinations. We have seen a marked increase in passenger demand for Central Asia following our successful Almaty route, and our vision is to create a comprehensive network that supports regional development and connects people to new places whilst creating unforgettable travel experiences along the way.”

H.E. Mr. Karomidin Gadoev, Ambassador of Uzbekistan to Malaysia commented: “The commencement of direct flights by AAX between these two major cities is a landmark development for Uzbekistan-Malaysia relations. With Uzbekistan’s tourism sector expanding rapidly and Malaysia’s strong position as a tourism and business hub in Southeast Asia, this route will significantly enhance connectivity, foster tourism exchanges, and open new avenues for investment. We are excited to welcome AAX to this promising market and look forward to a fruitful venture.”

Travellers can soon experience the magic of Tashkent with a promotional introductory fare from RM99 all-in* one-way economy seats starting from 23 June 2025 until 29 June 2025 for the travel period between 15 October 2025 and 14 September 2026. This special fare is subject to availability, with subsequent fares starting from RM899**.

Nestled in the heart of Uzbekistan, its capital Tashkent, is a thriving city renowned for its stunning Islamic architecture, bustling bazaars and leafy parks. A world of opportunities awaits the wanderlust in Tashkent ‒ journey through the magnificent Silk Roads and bask in the picturesque beauty of its towering monuments. As the country’s largest city and economic hub, Tashkent boasts a growing tourism sector and expanding business opportunities, making it an increasingly popular destination for both leisure and commerce.

 

 

 

The post AirAsia X launches new route to Tashkent, Uzbekistan appeared first on Travel Daily Media.

Source: traveldailymedia

The post Electric Ocean Festival Returns to SeaWorld® Yas Island, Abu Dhabi appeared first on TD (Travel Daily Media) Travel Daily Media.

This edition brings an exciting range of new activities, including a pre-show party, mesmerizing neon performances and an immersive silent disco experience.

SeaWorld® Yas Island, Abu Dhabi, the World’s Largest Indoor Marine Life Theme Park, is turning up the energy this summer with the return of its much-loved Electric Ocean Festival. Back for its exciting second edition, the Festival will run daily from 28 June to 31 August, offering guests of all ages an unforgettable season of electrifying entertainment and summer thrills.

The Festival celebrates SeaWorld Abu Dhabi’s One Ocean story that emphasizes the connection between humanity and the ocean. Guests will be mesmerized by a live cast of performers, puppeteers, and the park’s beloved characters Sakina, SeaStar, Puck, and Shivers all dressed for the occasion.

Guests can look forward to an exciting new lineup of limited-time experiences, starting with a high-energy pre-show party to warm up their dance moves. At the heart of One Ocean, a reimagined neon-spectacular show will light up the stage with breakdancers, drummers, aerial performers, and more. Guests can also immerse themselves in the unique silent disco experience, grabbing a pair of headphones and dancing to their own rhythm in a world of their own.

Alongside the exciting new additions, SeaWorld Abu Dhabi is bringing back crowd favorites including glow-in-the-dark face painting that mimics the vibrant spirit of the festival as well as the neon art station where children can create their own glowing underwater masterpieces. The Electric Ocean Festival embodies SeaWorld Abu Dhabi’s mission to blend immersive entertainment with meaningful marine life education, offering guests a one-of-a-kind journey into the wonders of the ocean.

Acting as SeaWorld Abu Dhabi’s central hub, One Ocean highlights the importance of conserving our planet and the ocean that sustains all life. The realm’s stories and experiences aim to inspire guests to become advocates for the ocean and the marine life it supports. As part of the Marine Life Theme Park’s “Admission with a Mission” initiative, every visit to SeaWorld Abu Dhabi supports the ongoing conservation efforts of the Yas SeaWorld Research & Rescue Center.

 

 

The post Electric Ocean Festival Returns to SeaWorld® Yas Island, Abu Dhabi appeared first on Travel Daily Media.

Source: traveldailymedia

The post O’Learys opens a second sports bar in Dubai at Millennium Lakeview Hotel appeared first on TD (Travel Daily Media) Travel Daily Media.

 

O’Learys, the quintessential Boston-themed sports bar, has officially launched its second branch in Dubai at the Millennium Lakeview Hotel, where guests will be able to combine great food and drinks with immersive social experiences, including live sports and entertainment.

Under the master franchisee, Lotus Restaurant Management, which is responsible for development, training, quality control, and financial management, fans of good food and thirst-quenching drinks will be spoilt for choice with O’Learys Sports Bar’s extensive menu, offering a range of sharing platters, burgers, classic steaks, pasta, and other hearty mains, as well as a fully licensed bar.

For sports fans, all the big games will be shown on several large TV screens throughout the property, while karaoke and billiards will provide the perfect accompaniment for a night out with friends.

Ahmed Anis, Area General Manager, Millennium Hotels & Resorts, said: “As part of our continued commitment to elevating the guest experience, we are excited to announce an exclusive collaboration with the O’Learys Group, bringing the iconic O’Learys Sports Bar to our property.

“With a legacy spanning over 35 years, this beloved Swedish brand introduces a lively entertainment concept that blends American-style dining with live sports, games, and interactive activities. Guests and the local community can look forward to enjoying billiards, shuffleboard, karaoke, and more in a dynamic, vibrant setting. This partnership enhances our offerings with a distinctive international touch and promises an engaging new destination for both residents and visitors.”

The interior design is based on the colours of Boston sports teams – a combination of deep green, burgundy red and dark brown, with sporting and Boston-themed memorabilia covering the walls.

 

 

The post O’Learys opens a second sports bar in Dubai at Millennium Lakeview Hotel appeared first on Travel Daily Media.

Source: traveldailymedia

The post André Devillers appointed as General Manager of Jumeirah Carlton Tower, London appeared first on TD (Travel Daily Media) Travel Daily Media.

Jumeirah, a global leader in destination hospitality and a member of Dubai Holding, has announced the appointment of André Devillers as General Manager of Jumeirah Carlton Tower, its flagship hotel in the heart of London’s prestigious Knightsbridge district.

With more than 25 years of international experience in the luxury hospitality and retail sectors, Devillers brings a wealth of operational and strategic leadership to this role. He joins Jumeirah from IHG Hotels & Resorts, where he most recently served as Director of Operations, Luxury Hotels for Southern Europe and CIS, overseeing a portfolio of over 40 high-end properties under renowned brands such as Regent, InterContinental, Kimpton, and Vignette.

Throughout his career, Devillers has held senior leadership positions at The Bicester Collection and Mandarin Oriental Hotel Group, with a proven track record in hotel operations, commercial performance, brand positioning, and guest experience across major European cities including London, Paris, Barcelona, and Prague.

Devillers is a graduate of the Financial Times Non-Executive Director Diploma and is fluent in English, French, and Spanish. He is recognised for his commitment to excellence, sustainability, and innovation in the luxury space.

André Devillers, General Manager at Jumeirah Carlton Tower says “I am deeply honored to step into the role of General Manager at Jumeirah Carlton Tower. This stunning property represents the pinnacle of comfort and service in London, and I look forward to building upon its renowned legacy. My priority is to lead our exceptional team in creating unforgettable experiences for each guest—through thoughtful, refined details and warm, personal connections. Together, we will elevate Jumeirah Carlton Tower to even greater heights of excellence.”

 

The post André Devillers appointed as General Manager of Jumeirah Carlton Tower, London appeared first on Travel Daily Media.

Source: traveldailymedia

The post Experience the bliss of European luxury with Swiss Supercar Tour appeared first on TD (Travel Daily Media) Travel Daily Media.

Bottom L: Park Hotel Vitznau | Bottom R: Goodwood Festival of Speed

Challenging the notion that Switzerland is solely a winter retreat, Ultimate Driving Tours redefines luxury summer travel with its Swiss Supercar Tour – a curated journey that encapsulates a passion for the finer things in life.

Over the course of six days and five nights in July, guests navigate the country’s most iconic alpine passes, lakeside roads and picturesque valleys in a fleet of supercars, while staying in five-star hotels, dining at award-winning restaurants, and enjoying bespoke experiences that celebrate the art of refined travel. The adventure culminates with the option to extend the journey to the UK for an exclusive weekend at the iconic Goodwood Festival of Speed.

SWISS SUPERCAR TOUR

Lake Zurich ▸ Swiss Alps ▸ Lake Lucerne

Day 1: Arrival – Zurich

Arriving in Zurich, guests are welcomed with aperitifs and introductions at the iconic Dolder Grand Hotel, an elegant retreat with views over the city and lake below. Originally opened in 1899 as a health spa, the hotel’s artful ambience and old-world grandeur sets the scene for tour, and the evening unfolds with a gourmet welcome dinner at Saltz (GaultMillau Award Winner).

 Day 2: Zurich → Andermatt

Guests ease into their Swiss supercar journey with a winding journey through the Entlebuch Biosphere Reserve, Switzerland’s first UNESCO recognised biosphere, before arriving on the scenic shores of Lake Thun and Brienz. Passing through the legendary Furka pass, the afternoon delivers guests to the luxurious “Japandi” alpine retreat, The Chedi, for an evening of culinary craftsmanship and a refined Swiss-Asian dining experience at The Restaurant (GaultMillau Award Winner).

Day 3: Alpine Loop from Andermatt

A sweeping loop through the Swiss Alps takes guests via the historic Gotthard, Lukmanier and Oberalp Passes, where the roar of the engines echo off peaks and tunnels peppering the mountainous route. Returning once more to The Chedi, guests can unwind in the expansive 2,000sq/m spa, before indulging in a Michelin-starred dining experience at The Japanese (2 Michelin stars) – Switzerland’s highest Japanese restaurant at 2,300m.

Day 4: Andermatt → Lake Lucerne

Departing Andermatt, the convoy tackles Switzerland’s legendary passes – Gotthard, Grimsel, and Susten (of cinematic Goldfinger fame) – whilst ascending to Nufenen, Switzerland’s highest mountain pass with a paved road. Winding down the mountain, guests arrive at five-star fairytale castle, Park Hotel Vitznau, on the shores of Lake Lucerne, spending the evening enjoying open-flame “Caveman Style” gastronomy at The Grill Terrace.

 Day 5: Exploring Lake Lucerne

A half-day loop through Brunig and Susten Passes enables guests to say goodbye to their supercars in style, before returning to Park Hotel Vitznau, for a boat cruise on the sparkling waters of Lake Lucerne. The final evening treats guests to a spectacular and experiential dining experience at the hotel’s lake-view restaurant.

Day 6: Departures or transfers to Goodwood Festival of Speed

 Newly found friends can reflect on memories from the trip over a leisurely breakfast before saying farewell. All guests are invited to an alternative finale to the tour, jetting from Zurich to London for an unforgettable weekend of racing at the legendary Goodwood Festival of Speed.

Day 6 – 9: Goodwood Festival of Speed

 Arriving in London, via transfers whisk guests to the rolling hills of West Sussex and to the historic English country manor, South Lodge. Throughout the weekend, motoring enthusiasts will enjoy VIP viewing, open champagne bars, elevated hospitality and gourmet catering, including at the hotels AA Rosette-awarded restaurant, Camelia.

From the Saturday Library Lawn Garden Party, within the Duke and Duchess’ private grounds to elegant Sunday hospitality at Clark Pavillion for the famed Sunday Shootout, this is a bucket-list celebration of motoring on the iconic 12,000-acre estate.

Prices from  £14,990 / $18,990 (USD) / $28,990 (AUD)

Itinerary details listed are samples and specific hotels and routes are subject to change. Changes remain consistent with Ultimate Driving Tours commitment to elite standards and pre-emptive approach to curated luxury.

 

 

 

The post Experience the bliss of European luxury with Swiss Supercar Tour appeared first on Travel Daily Media.

Source: traveldailymedia