UNIGLOBE Travel South Asia has launched Impact 100 programme to replenish losses incurred by travel agency partners within 100 days.
The Impact 100 programme by UNIGLOBE Travel South Asia is certainly needed for a market like India, which is currently facing the repercussions of GST as well commission cuts. Amanda J Close, Vice President, Global Operations & Regional Services, UNIGLOBE Travel International, says, “For the South Asia region, we came up with a programme to first analyse the impact of issues like GST on our members’ businesses. Based on that, we have introduced Impact 100 to replace all the revenues that we lost within 100 days. This plan focuses on increasing our sales, maximising our revenues and reducing our expenses.”
Most travel agencies have been hit by the GST issue. Impact 100 will help our agencies deal with this and allow them to get their revenues back in 100 days
Ritika Modi, Regional President, UNIGLOBE Travel South Asia, says, “Last year was tough for most industries. The agencies have been stuck due to the entrance of online travel companies and disruptive technologies in the market. We are here to help them survive and thrive in this environment. Most of the travel agencies have been hit by the GST issue, which is causing a lot of pandemonium in the Indian market. The Impact 100 programme will help our agencies deal with this impact and allow them to get their revenues back in 100 days.” Close adds that since they have global experience in dealing with such issues, it would not be difficult for them to aid their Indian members.
This plan focuses on three simple things— increasing our sales, maximising our revenues and reducing our expenses
“We’ve had experience over the years with UNIGLOBE of similar issues affecting our members globally. Around 23 years ago, in North America commissions were reduced, and eventually went to zero. It was a situation where our members didn’t have any commissions coming in to pay the bills and we came up with a similar plan called 110- 110 replacing 110 per cent of our revenues in 110 days,” she says. Modi, reveals, “Currently, we are 37 agencies around India with a turnover of `2000 crores, and we are looking at getting more members on board. This year we want to reach 50 in number and we hope we can make it to 100 in two years, taking the turnover to around `5000 crores.”