Thomas Cook Subsidiary Launches New Hotel in Gangtok
Filing Summary
Thomas Cook (India) Ltd’s wholly owned subsidiary, Sterling Holiday Resorts Limited, has announced the launch of a new hotel, Sterling Mount Olive Gangtok, on January 8, 2026. This marks Sterling’s second property in Gangtok and fourth in the North-East region. The hotel is centrally located in Gangtok’s Development Area, catering to both business and leisure travelers. The property features modern amenities and is strategically positioned for easy access to key city attractions and transport hubs. This expansion aligns with Sterling’s strategy to enhance its presence in the North-East.
Thomas Cook (India) Ltd has reported that its wholly owned subsidiary, Sterling Holiday Resorts Limited, has launched a new hotel, Sterling Mount Olive Gangtok, on January 8, 2026. This new property is located in the Development Area of Gangtok, Sikkim, and is designed to cater to both business and leisure travelers. The hotel is Sterling’s second property in Gangtok and its fourth in the North-East region.
The filing does not disclose specific financial terms related to the launch of Sterling Mount Olive Gangtok. The focus of the announcement is on the strategic expansion of Sterling’s portfolio in the North-East region, enhancing its offerings for travelers seeking centrally located accommodations in Gangtok.
Sterling Mount Olive Gangtok is positioned as a contemporary city hotel, offering a refined stay experience with modern amenities. The hotel features rooms with private balconies, providing views of the city skyline. It is located within walking distance of key government offices, business centers, and the MG Marg shopping promenade. The hotel also includes an all-day dining restaurant, Latitude 27, which serves a mix of global and regional cuisine.
The launch of this hotel is part of Sterling’s strategy to expand its presence in the North-East region, which is becoming an increasingly popular destination for both business and leisure travelers. The hotel serves as a convenient base for travelers visiting Gangtok for meetings, sightseeing, or leisure trips to nearby destinations such as Darjeeling and Kalimpong.
The hotel is well connected to major transport hubs, including Bagdogra Airport and New Jalpaiguri (NJP) railway station, facilitating smooth access for both domestic and international travelers. This strategic location supports Sterling’s goal of providing experience-led properties that offer travelers a choice between serene resort retreats and centrally located city hotels.
Sterling Holiday Resorts Limited is a leading hospitality company in India, with a portfolio of properties across 58 unique destinations. The company offers a range of accommodations catering to leisure, MICE, and business travelers. Sterling is a 100% independently managed subsidiary of Thomas Cook (India) Limited and is part of the Fairfax Financial Holdings Limited.
Thomas Cook (India) Limited is a prominent travel and financial services company in India. The company focuses on providing a wide range of travel-related services, including foreign exchange, travel insurance, and holiday packages. Thomas Cook continues to expand its offerings through strategic investments and partnerships in the hospitality sector.