TBO Tek , a leading B2B travel-tech platform, has reported a significant milestone in its operations, achieving $4.5 billion in gross booking value. The company, which operates across more than 150 countries, has also announced ambitious growth targets for the future.

Strong Performance and Expansion

TBO Tek has demonstrated robust growth in both its supplier and buyer base, with double-digit increases reported. This expansion has been crucial in strengthening the company's position in the global B2B travel-tech market.

Technology-Driven Growth

The company is investing in technological advancements to drive future growth. Key focus areas include:

1. AI-powered dynamic packaging
2. API integrations

These investments are expected to enhance TBO Tek's service offerings and improve operational efficiency.

Future Outlook

TBO Tek has set a target of 25-30% annual revenue growth from FY26 onwards. This projection is based on the company's strong margins and its expanding global presence.

Strategic Acquisition

TBO Tek completed the acquisition of Classic Vacations, a premium B2B2C luxury travel company focused on US travel advisors, for $125 million including closing adjustments on October 1, 2025. This strategic acquisition is expected to boost TBO Tek's presence in the North American luxury travel market.

Key highlights of the acquisition include:

• Classic Vacations' gross bookings of $475.71 million
• Addition of 1,500+ direct hotel inventory to TBO's existing platform
• Access to Classic Vacations' network serving 50,000 transacting agents across 140 source markets

This acquisition may create synergies between TBO Tek and Classic Vacations, potentially leading to cross-leveraging of luxury hotel supply and access to new market segments.

Global Footprint

TBO Tek's global expansion strategy has led to a diverse geographical revenue mix:

The company's performance across these regions underscores its global expansion strategy.

As TBO Tek continues to invest in technology and expand its global presence, including its recent acquisition of Classic Vacations, the company appears well-positioned to pursue its growth targets. However, the realization of these goals will depend on various factors, including market conditions and the successful integration of recent acquisitions.

TBO Tek Limited , a prominent player in the travel technology sector, has received overwhelming shareholder approval for a significant corporate action. The company announced that its shareholders have passed a special resolution through a postal ballot, granting the company the authority to create and enforce security on disposal of more than 20% of assets of material subsidiaries and potentially reduce shareholding in material subsidiaries to 50% or below.

Voting Details

The remote e-voting process, which concluded on November 8, 2025, saw an impressive 99.91% of votes cast in favor of the resolution. This strong support from shareholders indicates their confidence in the company's strategic decisions and future plans.

Key Information

Implications of the Resolution

The approval of this resolution provides TBO Tek with increased flexibility in managing its assets and subsidiaries. This could potentially allow the company to:

1. Optimize its asset portfolio
2. Restructure its subsidiary holdings
3. Explore strategic partnerships or divestments

Corporate Governance

In line with regulatory requirements, TBO Tek has ensured transparency in the voting process. The company has made the voting results and the scrutinizer's report available on its website ( www.tbo.com ) and on the National Securities Depository Limited (NSDL) website.

Management Statement

Neera Chandak, Company Secretary of TBO Tek Limited, confirmed the successful passage of the resolution, stating, "We are pleased to inform you that the resolution set out in the Notice has been duly approved by the Members of the Company with the requisite majority."

This development marks a significant step for TBO Tek, potentially paving the way for strategic moves that could shape the company's future operations and market position. Investors and market watchers will likely keep a close eye on how the company utilizes this newly granted authority in the coming months.