![\"TripFactory\"](\"http:\/\/www.franchisemart.in\/franchise\/wp-content\/uploads\/2017\/07\/TripFactory.gif\")
<\/a>TripFactory<\/p><\/div>Breaking News India<\/a><\/strong>, Franchise News India<\/a><\/strong>, TripFactory<\/a><\/strong>,an online tours & travel<\/a><\/strong> services company, plans to set up around 1,000 \u2018Holiday\u2019 stores in the next five years under its franchise <\/a><\/strong>programme. The company recently launched its first store in Bengaluru<\/a><\/strong>.<\/p>\n The firm is funded by Aarin Capital, co-founded by TV Mohandas Pai, and is planning to position itself as an inbound and outbound travel operator.<\/p>\n TripFactory <\/strong>Holiday stores are to operate in an ecosystem which is designed to provide consumers not just a hassle-free holiday buying-experience, but an also experience that will help consumers feel and visualise their holiday in detail, with all the required clarity in place, the company said.<\/p>\n \u201cThe company\u2019s business model revolves around tech-based intelligent interfaces, driven by language-processing algorithms. The machine-learning programme at the back-end allows consumers to truly customise their holidays with just simple text-based queries expressing their holiday needs,\u201d said Amit Aggarwal, co-ounder and CEO, Trip Factory.<\/p>\n Aggarwal said: \u201cFor the first time, our stores will be backed by technology that will enable them to instantly create a truly customised holiday. This, in turn, is backed by best prices from our suppliers and airline partners so that consumers know they are always getting the lowest price.\u201d<\/p>\n The company\u2019s franchises are to benefit from its brand presence, consumer loyalty, project management support, marketing support, lead generation by brand and TripFactory\u2019s proprietary technology driving the operations. \u201cThe ROI (Return on Investment) for franchisee <\/a><\/strong>owners will be upwards of 72 per cent,\u201d Aggarwal said.<\/p>\n Talking about the opportunity explosion in the travel and tourism segment, investor Pai said: \u201cThe sector\u2019s contribution to India<\/a><\/strong>\u2019s GDP is expected to increase to $275.2 billion by 2025. Strategically, this will help decentralise and diversify our revenue channels and open up more possibilities for growth, and provide a wider brand outreach to consumers. 1. Spanish retail brand springfield exclusive outlet in india<\/a><\/p>\n 2. Subway plans to start 500 franchise stores in UK and Ireland<\/a><\/p>\n 3. Baba Ramdev to launch healthcare centres worldwide<\/a><\/p>\n 4. Coffee Culture gets a bumper opening in jaipur rajasthan<\/a><\/p>\n 5. DineEquity Inc plans to open 20 IHOP restaurants in India<\/a>
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