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Monday, 20 August, 2018, 09 : 30 AM [IST]

Corporate & MICE travel company Tibro Tours starts India operations

Opens offices in 8 cities across the country
The latest entrant to join the fray of entities looking at tapping the potential of the corporate travel & MICE segments is Tibro Tours Pvt Ltd. Set up in June this year, Tibro Tours is spearheaded by Rupen Vikamsey, former MD of Goomo Orbit. TravelBiz Monitor in May 2018 had reported about Vikamsey’s plans to launch his own travel company after parting ways with Goomo Orbit. (http://www.travelbizmonitor.com/Exclusive/former-md-of-goomo-orbit-to-launch-own-business-travel-company-by-july-35409)

“Tibro Tours is focusing on MICE and corporate travel ranging from conferences, exhibition travel, exhibition management, corporate incentives meetings, offsites, etc. We have already closed business for travel of 2,000 pax. We have started operations with offices in 8 cities - Mumbai, Delhi, Chennai, Bangaluru, Pune, Nashik, Ahmedabad and Ludhiana, with combined staff strength of 80 employees,” said Vikamsey during an exclusive interaction with TravelBiz Monitor.

According to him, the Tier-II and III cities in India are high-revenue generating markets, and therefore the office in Ludhiana is a perfect fit since it is market where the per capita expenditure is very high. As far as the holiday division of Tibro is concerned, its focus will be on celebrations like birthdays, anniversaries, and customised trips. “We have already executed 4 celebration groups in the past one month. Our focus for holidays vertical is on the high-end luxury segment.” Elaborating on the corporate and MICE travel business, Vikamsey said their focus is on sectors and exhibitions that are not being organised in India. “We are looking at specialisation since there is a growing interest in travellers for participating in niche shows. We have signed for the oldest petrochemical show in Asia set to be held in Delhi in December.”

Moreover, Tibro has partnered with 150 global companies to organise industrial visits for MBA students as well small businessmen. “Currently, we are offering customised trips, but depending on the response, we may offer fixed departure tours.”

For Vikamsey the first year of operations is about stabilising the 8 proprietary offices. “We should record a turnover of INR 175 crore in the first year, and break even by the end of second year.”

 Tibro Tours will launch its website on September 1, 2018.

 
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