Become a World Class Travel Entreprenuer

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Be a World Class Travel Entrepreneur

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Great low cost business opportunity .Innovative products and ease of distribution

Transcript of Become a World Class Travel Entreprenuer

Page 1: Become a World Class Travel Entreprenuer

Be a World Class Travel

Entrepreneur

Page 2: Become a World Class Travel Entreprenuer

Be a World Class Travel Entrepreneur

• Why Be a World Class Travel Entrepreneur ?

• About TravelPort Holidays (India) Private Limited

• More About Travelocity

• Franchising : What are the Retail Travel Products for Mass Market ?

• Franchising : What are Corporate Loyalty Products for Industry ?

• Franchisee Fees, Commission & Gross Profit

• Franchising Executions & Contact Details

Page 3: Become a World Class Travel Entreprenuer

Why Travel Business :Top 5 Reasons

1. International Tourism is Booming

– Growth Rate of 12% in international tourist arrivals worldwide

2. Indian Tourism Growing Faster than World Average

– Indian Tourism will grow annually at 8.8%over the next decade

– India amongst the top 10 preferred destinations in the world ( Source : Conde Nast Traveler and the Lonely Planet)

3. High Growth in Indians Travelling Abroad

– India outbound tourism is booming and growing at 18% and is expected to reach 1.6 crore by 2010 .

– Over 5 crore Indians will travel overseas by 2020

4. Number of Indians Travelling within India is 30 crore

– Increased purchasing power and higher standards of living associated with growing economy

5. Travel by a lot of Young People with Good Incomes

– 60% of the population between 20 – 40 years

– Many young people take loans or use credit cards for travel

Page 4: Become a World Class Travel Entreprenuer

Invest in Travel :Top 5 Reasons

1. Very low capital investment

– 100-150 square feet of area, basic communications infrastructure , low brand royalty

2. No investment in inventory

– Unlike other retail businesses no goods have to be brought or stored

3. Customer has a regular requirement

– Regular need of railway, air or bus tickets by families

– Regular requirement of air , hotels and car rentals by corporate

4. Low running expenses

– Staff with basic education (10 or 10+2), Little/No delivery expenses (most tickets delivered by email/sms) , low maintenance costs of the outlet

5. High margin, Low effort

– 10% or higher margin on hotels and packages

– 17.5% margin on selling vacation vouchers to corporates

Page 5: Become a World Class Travel Entreprenuer

Why TravelPort :Top 5 Reasons

1. Best Franchisor Award in Franchising for Last 5 Years

– Proven track record in franchising . Award by Franchise India for last five years

2. Full Service Travel Franchisee

– All possible travel products under one roof : right from air ticketing, hotels, bus, railways, packages, group tours, foreign exchange, visa, corporate loyalty solutions , conferences, incentive tours etc

– Most products available online

3. Market Leader in Unique & High Margin Corporate Loyalty Travel Products

– TravelPort is Market Leader in India providing unique corporate loyalty products like vacation vouchers, gift certificates, scratch & win cards etc.

4. Many of the Best International Deals by Travelocity

– Strategic alliance with Travelocity , world’s second largest travel portal, provides some of the world’s best deals in international flights, international hotels and international packages

5. Market Dominance in Hottest Indian Destinations like Goa

Page 6: Become a World Class Travel Entreprenuer

Be a World Class Travel Entrepreneur

• Why Be a World Class Travel Entrepreneur ?

• About TravelPort Holidays (India) Private Limited

• More About Travelocity

• Franchising : What are the Retail Travel Products for Mass Market ?

• Franchising : What are Corporate Loyalty Products for Industry ?

• Franchisee Fees, Commission & Gross Profit

• Franchising Executions & Contact Details

Page 7: Become a World Class Travel Entreprenuer

TravelPort Holidays

• TravelPort Holidays India (P) Ltd is a creative, young & dynamic Travel Management company founded with 3 operating objectives in mind.– Create Innovative Travel Products.

– Redefine & Create Innovative Distribution channels.

– Make New Business Models.

• TravelPort Snapshot– 7 years young

– 150 people strength

– India’s fastest emerging Travel Management company

– Presence in 60 cities in India & around the Globe

– Wide range of retail, corporate & partner products

– More Information on TravelPort: www.TravelPort.in

Page 8: Become a World Class Travel Entreprenuer

TravelPort’s Alliance with Travelocity

• Travelocity is second largest online portal in the world with annual

turnover of around 50,000 Crores

• Strategic Partnership between TravelPort and Travelocity enables

booking in over 450 Airlines & 80,000 Hotels worldwide, including

126 cities in India

• All products available online on Travelocity can be sold by

TravelPort and its franchisees

• Travelocity Products available to TravelPort and its associates are

– Air Ticketing : Domestic & International

– Hotel Booking : Domestic & International

– Packages : Domestic & International

– Cruises, Sight Seeing, Car Pickup and all travel related services

Page 9: Become a World Class Travel Entreprenuer

Key Partners of TravelPort

• Other Key Partners of TravelPort are – Reliance Money

• TravelPort is Reliance Money Master Distributor on all-India basis. Offered to

TravelPort franchisees

– BigAdda.com

• Reliance owned ,India's first and largest social networking site .Travel partner for 3

years

– Big Bazaar

• Retail Terminals in Big Bazaar Hypermarkets in South India

– V-Mart

• Retail Terminals in V-Mart Hypermarkets in North India

– Mahindra Holidays

• Travel Services Partner

– Future Money

• EMI Vacations Partner

– Wall Street Forex

• Foreign Exchange Partner

Page 10: Become a World Class Travel Entreprenuer

Be a World Class Travel Entrepreneur

• Why Be a World Class Travel Entrepreneur ?

• About TravelPort Holidays (India) Private Limited

• More About Travelocity

• Franchising : What are the Retail Travel Products for Mass Market ?

• Franchising : What are Corporate Loyalty Products for Industry ?

• Franchisee Fees, Commission & Gross Profit

• Franchising Executions & Contact Details

Page 11: Become a World Class Travel Entreprenuer

About Travelocity

• 4,500 employees around the world, booked over $11

billion (Rs 44,000 Crores) in travel in 2007.

• Just turned 12 years old, most experienced online

travel company on the planet.

• Winner of “Worlds Best Internet Travel site, 9 years in a

running.

• Travelocity owns and operates lastminute.com, the

leader in European online travel and ZUJI, the leading

OTA in Asia-Pacific.

• Travelocity is owned by Sabre Holdings Corporation, the

world leader in travel commerce.

• Partner centric company intent on delivering consistent

value to supplier and distribution partners

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Great Deals

• Great value travel deals which have been sourced ‘locally’ all

around the world

• Example : In order to get best deals from Goa. Travelocity is

sourcing Goa from TravelPort

• Travelocity’s rapidly expanding merchant hotel initiative and its

ability to undercut its competition on price has ensured that many

of the world’s best deals & prices are available onsite

• For Indian Market Travelocity has great deals in

• Air Ticketing : Both International & Domestic

• International Hotel Booking

• International Packages

• International Cruises , Sight Seeing etc.

Page 13: Become a World Class Travel Entreprenuer

Travelocity Page

Alliance website can be accessed through

www.travelport.in/travelport

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Be a World Class Travel Entrepreneur

• Why Be a World Class Travel Entrepreneur ?

• About TravelPort Holidays (India) Private Limited

• More About Travelocity

• Franchising : What are the Retail Travel Products for Mass Market ?

• Franchising : What are Corporate Loyalty Products for Industry ?

• Franchisee Fees, Commission & Gross Profit

• Franchising Executions & Contact Details

Page 15: Become a World Class Travel Entreprenuer

Online International Air Ticketing

1. Online International Air Ticket on Travelocity

– Franchisees can book the international flight tickets on Travelocity by visiting www.travelport.in/travelport

– Travelocity has some of the best international flight deals out of India

– Attractive commissions are provided on gross fare and not only on base fare

–– These commissions coupled with “special fares”, would These commissions coupled with “special fares”, would greatly increase conversions and overall business and hence greatly increase conversions and overall business and hence earningsearnings

2.2. Offline booking by calling at TravelPort Mumbai office is also available

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International Air

May Comparisons

De

pa

rture

Arriv

al

Tra

ve

loc

ity

Fa

re

Be

st

Co

mp

etitiv

e

Fare

Mumbai-

Singapore

Return Air

24 May 31 May 21,144 23,144

Mumbai-

London

Return Air

24 May 31 May 26,024 29,024

Mumbai-

Sydney

Return Air

24 May 31 May 50,598 53,599

Mumbai-

Dubai

Return Air

24 May 31 May 15,615 17,615

Travelocity Air Tickets

Deal

On Some Frequent Routes

from Mumbai

Usually 2000-3000

cheaper than

Other Competitive

Options

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International Air

June ComparisonsMalaysia on

Malaysian

Airlines

(Booked on 19 May for

1 June/7 June)

Singapore

on Air India

(Booked on 27

May for 2 June/5

June)

Yatra 25,382 20,737

Makemytrip 25,794 20,940

Website of

Airline

25,217 23,491

Travelocity 23,794 17,940

Travelocity Air Tickets

Deal

Usually cheaper

than

Other Competitive

Options including

website of Airlines

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Online International Hotel Booking

1. Online International Hotel Ticketing on Travelocity

– Franchisees can book the international hotels on Travelocity by visiting www.travelport.in/travelport

– Travelocity has some of the best international hotel deals out of India

– Attractive commissions of 10% are provided

–– These commissions coupled with “special rates”, would These commissions coupled with “special rates”, would greatly increase conversions and overall business and hence greatly increase conversions and overall business and hence earningsearnings

2.2. Offline booking by calling at TravelPort Mumbai office is also available

Page 19: Become a World Class Travel Entreprenuer

Online International Packages

1. Online International Packages on Travelocity

– Franchisees can book the international packages (flight + hotel ) on Travelocity by visiting www.travelport.in/travelport

– Travelocity has some of the best international packages deals out of India

– 6% commission on flight+ hotel is very attractive

2. Packages from Emirate Holidays

– TravelPort also has a tie up with Emirates holidays to provide for all flight+ hotel packages on www.emirates-holidays.com

– Exciting packages to all locations where Emirates flies

– Packages targeted for a quality conscious traveler

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Standard International Packages

• TravelPort has Standard International Packages

– TravelPort has serviced more than 30,000 customers

– 110 packages or ways to see the world the TravelPort way

– Destination Specialization :Egypt, Dubai, Malaysia,Sri Lanka, Thailand, Singapore

– These standard packages are available on Wander World at www.travelport.in

– Special Interest Packages like Sports Travel, Experience Led Travel ,Honeymoon ,Holy Tours

• Group Tours booked through Mumbai Office

– TravelPort is Incentive Travel Specialist with 200 key corporate relationships

Page 21: Become a World Class Travel Entreprenuer

International Air,

Hotel & Packages

Deals for June

An example of best deals

available in June for

Asia & Europe

Page 22: Become a World Class Travel Entreprenuer

International Air,

Hotel & Package

Deals for June

An example of best

deals available in

June for Middle East

, Australia &

Americas

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Online Domestic Air Ticketing

• Franchisee can choose from TravelPort’s portal & Travelocity

1. Online Domestic Air on TravelPort Portal

• TravelPort has its own portal on www.travelportair.com

• All domestic airlines available.

• Check booking status and print/email/sms ticket with

online cancellation request

2. Online Domestic Air is also available on Travelocity on

www.travelport.in/travelport

• Overall commission better than other sources

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Online Domestic

Air Ticketing

Ba

se

Fa

re

Gro

ss F

are

Tra

ve

loc

ity

Co

mm

iss

ion

Re

gu

lar

Co

mm

iss

ion

Mumbai-

Delhi

Kingfisher

1400 4691 140 70

Delhi-

Hyderabad

Kingfisher

4625 7936 238 231

Chennai-

Bangalore

Kingfisher

600 3236 97 30

Bangalore-

Kolkata

Deccan

1074 4031 121 54

Travelocity Deal

3% on Gross Fare

Usually Higher

than

Regular Deal

5% on Base Fare

Page 25: Become a World Class Travel Entreprenuer

Domestic Hotels Booking

1. Online Domestic Hotel Booking with Indian Distributors

– TravelPort has a tieup with Indian Hotel Distributors through which booking online can be done with immediate confirmation

– Please visit www.travelport.in

– Best prices in many cases, very competitive prices in others

– Largest inventory of hotels

2. Online Domestic Hotel Booking on Travelocity

– Franchisees can book the domestic hotels on Travelocity by visiting www.travelport.in/travelport

3. Offline Domestic Hotel Booking through Mumbai Office

– Great deals on destinations like Goa, Uttranchal, Himachal

etc

– Offline deals have a commission of 15% or higher

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Domestic Package Booking

• About TravelPort Domestic Operations

– TravelPort is India's Largest Domestic Inbound Operator to Goa.

– Key Supplier To Leading OTAs and Travel Agents.

– Have serviced more than 50,000 clients.

– gogoaonline.com- Online portal for travel to Goa.

1. Standard Domestic Packages (Hotel + Car) through Mumbai Office– 151 packages or ways to Experience India

– Destination Specialist for Goa, Himachal, Uttaranchal, East, Kashmir and Kerala .

– www.wanderindia.in

2. Online Domestic Packages on Travelocity

– Franchisees can book the domestic packages (flight + hotel ) on Travelocity by visiting www.travelport.in/travelport

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Online Railway Ticketing

– www.irctc.co.in

– TravelPort has a tie up with the Indian Railways

– Online booking of railway ticket can be done through IRCTC

– Booking of regular tickets, tatkal tickets, all sectors

– Booking Fee from Rs. 50 – Rs 300 (in case of Tatkal) can be

charged from customers

– Franchisee can also book Attractive Railway Tour Packages with

commission of 10%

– Franchisee is allowed Usage of IRCTC Logos

Page 28: Become a World Class Travel Entreprenuer

Online Bus Booking

• Online Bus Booking– Ready by July 2008

– Book bus tickets online, over the phone or over the mobile

– Book bus tickets online with over 250 bus travel operators

– Book bus tickets online for over 3200 routes across India

– Return bus tickets reservation

– Cancel your bus tickets online

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Partner Products

Reliance Money Products• Reliance Money, part of the Anil Dhirubhai Ambani

Group (ADAG)

• Promoted by Reliance Capital – the financial services arm of ADAG.

• Reliance Capital focuses mainly on the Indian financial services industry

• Ranked amongst the top 5 NBFCs in India. With Reliance Money

• Currently, Reliance Money is in the process of rolling out an all-India retail focused Financial Wealth Management Platform (online trading portal) which amongst others will facilitate trading in Equities, Commodities and Offshore Investments.

• Online – (through www.reliancemoney.com) – Equity Broking (USP being introduction of Limit Card

& most competitive rates)

– Futures & Options

– Initial Public Offering (IPO)

– Mutual Funds

– Commodity (to be launched shortly)

– - (in partnership with CMC) Off-shore Investments

• Offline (Distribution) – Life & General Insurance (Reliance life & general

insurance & third party)

– Money Transfer & Changing (through Reliance Money Express-Western Union Money Transfer)

– Mutual Funds (all AMCs)

– Gold coins

– IPO

– Credit cards (Reliance credit cards)

– Personal Loans (Reliance Consumer Finance)

• To be launched shortly– Portfolio Management Services (PMS)

– Wealth Management Services

Page 30: Become a World Class Travel Entreprenuer

Be a World Class Travel Entrepreneur

• Why Be a World Class Travel Entrepreneur ?

• About TravelPort Holidays (India) Private Limited

• More About Travelocity

• Franchising : What are the Retail Travel Products for Mass Market ?

• Franchising : What are Corporate Loyalty Products for Industry ?

• Franchisee Fees, Commission & Gross Profit

• Franchising Executions & Contact Details

Page 31: Become a World Class Travel Entreprenuer

Corporate

Products• India’s Leading

Travel Incentive and

Loyalty Management

company

• Ongoing

engagement with All

Leading Brands

• Innovative products

• No 1 Position in this

category.

• 200 Blue chip

corporate clients.

Page 32: Become a World Class Travel Entreprenuer

Corporate Products : Summary

Objective Objective Product Product Budget Budget

Customer Acquisition Air Pac, Vac Pac, Leisure

Pac99 to 2999

Loyalty Rewards White label offers /Leisure

Pac/Gift Certificates 0 to 50000

Employee IncentivesGift certificates /Incentive

travel 999 to 30000

Promotion Sur(e)Prizes- All in One 99 onwards

Awards/Prizes/

Contests

Gift Certificates/Themed

Holidays 2999 onwards

Dealer IncentivesGift Certificates/Incentive

Travel/Themed holidays 1999 to 50000

Page 33: Become a World Class Travel Entreprenuer

Vac Pac - 2 nights - 3 days across 75 Deluxe Hotels

and 40 Destinations

Vac Pac Premium - 40 Luxury Hotels ,Forts ,Palaces and Camps

Vac Pac International - Hotels across 12 Countries

in Asia and Europe

Best USE :

Types :

Getting New Customers

http://vacpac.co.in/

Corporate Product Example

: VAC PAC

Page 34: Become a World Class Travel Entreprenuer

Scratch Cards, Win Customers

Corporate Product Example :

SUR(E) PRIZES

An easy to implement scratch card driven promotion

Guaranteed prizes and gifts for everyone

Gifts include I-pods, Reebok bags, Motorola phones,

Air Tickets, International holidays, fast track watches etc….

One window implementation and fulfillment

Starts at as low as Rs.99/- onwards

http://www.travelport.in/stamps.php

Page 35: Become a World Class Travel Entreprenuer

Multiple Choices. Simple Execution. Enjoyable Vacations!

Best Use

Employee Rewards

Dealer Incentives

Key Customers

Contest and Giveaways

Gift Certificates from Rs. 499 onwards

http://www.travelport.in/giftcertificates.php

Corporate Product Example:

GIFT CERTIFICATES

Page 36: Become a World Class Travel Entreprenuer

Corporate Products

Examples of Promotions

Page 37: Become a World Class Travel Entreprenuer

Corporate Products

Client List

Page 38: Become a World Class Travel Entreprenuer

Be a World Class Travel Entrepreneur

• Why Be a World Class Travel Entrepreneur ?

• About TravelPort Holidays (India) Private Limited

• More About Travelocity

• Franchising : What are the Retail Travel Products for Mass Market ?

• Franchising : What are Corporate Loyalty Products for Industry ?

• Franchisee Fees, Commission & Gross Profit

• Franchising Executions & Contact Details

Page 39: Become a World Class Travel Entreprenuer

Brief Description of Franchising

Schemes• TravelPort Preferred

– All retail products meant for servicing all mass market customers

– A 100 square feet shop & one counter staff to be appointed to service all these products

– Products for both the price conscious and quality conscious customers

– One stop shop, all travel needs fulfilled

– Meant for Entrepreneurs who are comfortable in selling through Retail

– Also relevant for towns where large number of corporate are not present

• TravelPort Priority– All retail products available. A shop & a retail counter staff services these

products

– All corporate loyalty products like VAC PAC , Gift Certificates can also be sold

– Entrepreneur has to regularly meet the corporate sector and employ a corporate executive

– Entrepreneur needs to be committed to corporate sales

• TravelPort Corporate– Only corporate loyalty products can be sold. No need for a shop.

– No retail product can be sold

– Previous background in selling to corporates necessary

Page 40: Become a World Class Travel Entreprenuer

Franchise

SchemesGives an idea of

different types of

products

available under

different

schemes.

Three categories

1.Basic Travel

2.Corporate

Loyalty

3.Other Products

Page 41: Become a World Class Travel Entreprenuer

Infrastructure & Mandatory ExpensesBasic infrastructure, staff, retail space required, mandatory

expenses incurred to set up & launch the retail outlet

Page 42: Become a World Class Travel Entreprenuer

Expected Monthly Commission

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Expected Yearly Profits

Page 44: Become a World Class Travel Entreprenuer

Franchise Fee: Breakup

TravelPort Preffered TravelPort Priority TravelPort Corporate

Payment

Non Refundable

Franchisee

Expenses

155,000 255,000 85,000

Non Refundable

Brand Royalty225000* 250000* 165000*

Refundable Opening

Currency20,000 45,000 0

Payment at

Signoff400,000 550,000 250,000

Note: * 12.36% Service Tax on Brand Royalty

Page 45: Become a World Class Travel Entreprenuer

Be a World Class Travel Entrepreneur

• Why Be a World Class Travel Entrepreneur ?

• About TravelPort Holidays (India) Private Limited

• More About Travelocity

• Franchising : What are the Retail Travel Products for Mass Market ?

• Franchising : What are Corporate Loyalty Products for Industry ?

• Franchisee Fees, Commission & Gross Profit

• Franchising Executions & Contact Details

Page 46: Become a World Class Travel Entreprenuer

Current Terminals & Look/Feel

Page 47: Become a World Class Travel Entreprenuer

Contact Details • Mr. Ratheesh Nambi for Delhi &

Pune

– Mobile : 09987564765

[email protected]

• Mr. Anup Nair for Tamil Nadu,

Kerela, Andhra Pradesh, Punjab,

Haryana, J& K

– Mobile : 09867510419

[email protected]

• Mr. Sunil Shetty for Maharashtra

- Mobile: 09920365101

- [email protected]

• Mr. Rajjeet Chandra for Rest of

India

– Mobile : 09867510427,

[email protected],

[email protected]

• In case you are unable to reach

any one :Kshitij Thorat

[email protected]