In no hurry to sell any realty, generate funds: Thomas Cook

Sep 25, 2013, 12.21 PM IST

In an interview to CNBC-TV18, Madhavan Menon, MD, Thomas Cook spoke about properties and the last two quarters being tough for the company.

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In no hurry to sell any realty, generate funds: Thomas Cook

In an interview to CNBC-TV18, Madhavan Menon, MD, Thomas Cook spoke about properties and the last two quarters being tough for the company.

Like this story, share it with millions of investors on M3

In no hurry to sell any realty, generate funds: Thomas Cook

In an interview to CNBC-TV18, Madhavan Menon, MD, Thomas Cook spoke about properties and the last two quarters being tough for the company.

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Madhavan Menon, managing director of Thomas Cook says the travel company's office at Nirman Point in Mumbai has outlived its utility in terms of space utilisation. However, he assures that this does not represent a decision or a strategy on the part of the company to shed all its real estate.

Menon says the last two quarters have been one the "most harrowing" for the company.

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