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Bloomberg Quint

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Image Credit: Bloomberg Quint

Travel Food Services Eyes Global Expansion In Asia Pacific, Middle East Lounges

  • Travel Food Services Ltd. recently launched its initial public offering with aims to capitalize on the aviation sector boom by focusing on travel quick-service restaurants and airport lounges.
  • The company has seen significant post-pandemic growth with a 25% increase in revenue over the last two years, positioning itself for further expansion in the coming years.
  • Travel Food Services is strategically managing demand fluctuations by leveraging economies of scale in its operations and maintaining a focus on customer satisfaction.
  • Varun Kapoor, CEO of Travel Food Services, highlighted the company's plans for global expansion, particularly targeting growth in the Asia Pacific and Middle Eastern markets for their lounge services.

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