Trip Factory to open 1000 Holiday Stores Across the Country in 5 years
(Left to Right) - Mr. Krishna Murthy and Ms. Vani Murthy, Franchisee Owners, Trip Factory, Mr. Vinay Gupta, Founder Chairman, Trip Factory, Mr. Amit Aggarwal, Co-Founder and CEO, Trip Factory, Mr. Varun Gupta, Co-Founder, Trip Factory, Mr. Amit Kumar Singh, National Head-Retail, Trip Factory, seen launching the First Exclusive Holiday Store at Bengaluru.
BENGALURU:Trip Factory, India’s fastest growing online travel company for inbound andoutbound travel needs, is all set to redefine the consumer holiday buyingexperience through their Exclusive Holiday Stores, the first of which waslaunched in Bengaluru on 27th July.
TheBengaluru based custom holiday curator is planning to open 1000+ stores acrossthe country in the next 5 years under the company’s Franchise Programme. TripFactory’s Technology based intelligent Interfaces, driven by language processingalgorithms and machine learning program at the backend allows consumers totruly customise their holidays with just simple text based queries expressingtheir holiday needs. The addition of Trip Factory Holiday Stores into theiroperational ecosystem is designed to provide consumers not just a hassle freeHoliday buying experience but an experience which will also help consumers feeland visualize their Holiday in detail with all the required clarity in place.
Highlightingthe USP of the Holiday Store, Mr. Amit Aggarwal, Co Founder and CEO, TripFactory, said “Holiday is the new necessity. Every one loves and wants to go onholidays and everyone wants a holiday their own way. For the first time, ourstores will be backed by technology that will enable them to create a trulycustomized holiday instantly, no matter where you want to travel within Indiaor abroad. This in turn is backed by best prices from our suppliers and airlinepartners so that consumers know they are getting the lowest price always”.
“With thelaunch of the Store, Trip Factory invites applications for Store Franchisees,under Trip Factory Franchisee Programme. Those who have a great passion towardsthe Travel and Tourism Industry and meets the basic requirements for procuringa Trip Factory Franchise are welcome. Our franchises will deeply benefit fromour brand presence, consumer loyalty, Project Management Support, MarketingSupport, Lead Generation by Brand and the Trip Factory’s Proprietary Technologydriving the operations. ROI for franchisee owners will be upwards of 72% andmore” added Amit Aggarwal.
Speakingafter the Launch of their first Holiday Store, Mr. Vinay Gupta, Founder and Chairman, Trip Factory, said“Consumers can first time in the world walk-in, explore, and design a completeholiday in less than a few minutes, and see it unfold before their eyes, acomplete holiday experience that they would get in the destination. This is thefirst time in the world something so simple yet magical is being rolled out inthe holiday industry. This means, I as a consumer, can see my holiday before Ipay which is huge, what you see is what you get. It’s no longer, long lists ofprinted itineraries and text, its real in front of your eyes”.
Talkingabout the opportunity explosion in Travel and Tourism Segment, Mr. TV Mohandas Pai, Co-Founder ofAarin Capital, the Investor Company to Trip Factory, said “The contribution bytravel and tourism sector to India's GDP is expected to increase to US$ 275.2billion in 2025. So strategically this will help decentralize and diversify ourrevenue channels and open up more possibilities for growth and provide a widerbrand outreach to the Consumers. As a result we are better equipped to leverageand be a significant part of this growth opportunity”.