Indian entity retains right to use Thomas Cook brand name till 2024
The sale of the Thomas Cook brand to Fosun Tourism of China excludes India, Mauritius, and Sri Lanka, which means the Indian entity retains the right to use the brand name till 2024, the tour operator said on Saturday.
On Friday, the Chinese group acquired Thomas Cook and it’s related hotel brands for $14.25 million. This includes trademarks, domain names, software and licences of the British travel firm. The UK tour operator shut down in September after it failed to secure emergency funds.
