Flight Shop & Travel Money, the Indian retail travel and foreign exchange brands of Flight Centre Travel Group (FCTG), Australia, have opened their first retail store in Ludhiana. With the launch of this store, FCTG, Australia now has 16 operational Flight Shop & Travel Money stores across India.
Spread over 900 sq. ft., the new store in Ludhiana focuses on tailor-made vacations, group holidays and foreign exchange and is located on Pakhowal Road. The new retail outlet will offer Flight Shop’s entire range of products and services: domestic and international flights, customised and group holidays, hotels, car transfers, visa, cruise holidays, honeymoon holidays, adventure holidays and more. Along with these, Travel Money will offer services for currency, traveller’s cheques, multi-currency forex cards and remittance.
According to an Ernst & Young India study titled ‘India’s Growth Paradigm: How markets beyond metros have transformed’, Ludhiana is projected to be one of the emerging 42 new wave cities in the country. As the largest city in Punjab and a major industrial centre in North India, Ludhiana witnesses large volumes across outbound, inbound and domestic sectors for both business and leisure travellers.
Shravan Gupta, executive director – leisure businesses, FCM Travel Solutions India (the Indian arm of Flight Centre Travel Group, Australia) said: “It gives us immense pleasure to launch our first retail store in Ludhiana. We are extremely thrilled to extend our Flight Shop offerings of unbeatable deals and our expertise in providing unmatched travel experiences to our customers in the city. Travel Money India will aim to provide convenient currency exchange, live rate tracking desk and will facilitate remittance for education, family, employment and medical purposes to our patrons.
“Punjab is a key market for us, the trio of Chandigarh, Jalandhar and Ludhiana together accounts for high travel volumes from the region. An affluent city with high disposable income, Ludhiana is catching on to the trend of two to three trips a year. We see the city as a high potential market with significant travel spends across leisure and business sectors. USA and Canada being the most popular destinations amongst travellers from Punjab, while vogue cities like London and Paris also witness a large number of holiday bookings”.
FCTG, Australia plans to open 50 more Flight Shop stores across the country in the next two to three years.