India's hospitality sector to see strong tailwinds; demand to outpace supply: Thomas Cook

Thomas Cook India's Executive Chairman Madhavan Menon disclosed plans to expand the hospitality sector, predicting strong demand growth. The company planned to open around 20 new holiday outlets using a phygital approach. Reported net profit and revenue saw an increase for the April-June quarter. The hospitality arm, Sterling Holidays, aimed to add 20 more resorts over the next 15 months.