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TBO Tek has signed up with Amadeus South Asia for its latest game changing offering – Travel Marketplace, a localized AI driven next generation platform that connects travel sellers and providers through a single, trusted ecosystem.
This collaboration will empower travel sellers to access a wide range of cutting-edge new travel content and services available on the Travel Marketplace and unlock growth in an increasingly digital travel landscape. By leveraging these innovations, TBO Tek will enhance its offering to travel agents and partners across South Asia, providing them with more efficient, personalized, and seamless experiences.
The broker noted that the acquisition aligns with TBO Tek’s roll-up strategy in incubated markets and could boost the company's earnings per share by 2-6% between FY25 and FY28. A domestic broker also highlighted that the move strengthens TBO Tek’s presence in North America, the world’s largest outbound travel market, and supports its strategic push into global luxury travel.
TBO Tek plans to integrate its technology platform and worldwide inventory with Classic Vacations’ network of luxury travel advisors and suppliers, while Classic Vacations will continue to operate as an independent brand. The combined operations are expected to create significant opportunities for cross-border synergies and margin expansion, reinforcing TBO Tek’s ambition to become a leading global travel distribution platform.
TBO Tek is a global travel distribution platform that aims to simplify the buying and selling travel needs of travel partners across the world.
The company's consolidated net profit increased 3.4% to Rs 62.97 crore on 22.2% jump in net sales to Rs 511.28 crore in Q1 FY26 over Q1 FY25.