Mumbai-based travel firm will be opening 45 retail outlets in malls

Travel companies are smitten by the retail bug. Mumbai-based travel firm TravelPort will be opening 45 retail outlets in malls by March 2008. It has tied up with the Delhi-based Salasar Retail to open travel terminals in Salasar stores. Branded as TravelPort@Salasar, these terminals will provide travel products such as air tickets, hotel packages and cruise packages. The company will also be tying up with Fun Republic and the New Delhi-based Sun City. It is in talks with players like Ansals and DLF. TravelPort is looking at an investment of Rs 3-lakh per outlet. The company has projected a turnover of Rs 100 crore by the end of this fiscal.