MUMBAI: Holidays and education travel group Cox and Kings is eyeing over 12 per cent expansion in revenue this financial year on the back of growing domestic travel industry, a senior company executive has said. "This year the quarter one has been good and we expect to achieve over 12 per cent growth in revenue in FY18, mainly on account of robust domestic business," Cox and Kings Group CEO Peter Kerkar told PTI here.Cox and Kings' revenue stood at Rs 7,176 crore in FY17.The company, he said, is focusing on increasing the franchise base and also band promotions through a tie-up with Bollywood. "Going forward, we are focused on increasing our franchise base in the country from the current 150 cities. We will also promote our brand through a tie-up with Bollywood projects," he added.Kerkar said the company's Meetings, Incentives, Conferences, Events (MICE) business, both in the domestic market and overseas, was robust. Holidaybreak is a subsidiary of Prometheon Holdings (UK), which is a part of Cox and Kings.

Source: Economic Times August 25, 2017 19:30 UTC