TBO Tek Limited conducted an investor conference on December 12, 2025, presenting comprehensive business updates and market insights under Regulation 30 of SEBI listing regulations. The presentation highlighted the company's strong performance in H1 FY26 and strategic positioning in the expanding luxury travel market.

H1 FY26 Financial Performance

TBO Tek demonstrated robust growth across key operational metrics during the first half of FY26, reinforcing its market leadership in travel distribution.

The company's revenue growth of 24.10% significantly outpaced GTV growth, indicating improved monetization and operational efficiency across business segments.

Luxury Travel Market Expansion

The presentation emphasized the structural upswing in luxury travel, driven by 60 million affluent millionaires globally, followed by 600 million aspirers. Luxury tourism is growing at twice the rate of regular travel, with a 10% CAGR projected through 2028.

The data reveals that 57% of travelers are more interested in visiting new destinations compared to five years ago, while 68% agree that trip planning has become more complex, creating opportunities for assisted travel platforms.

Hotels Business Delivers Strong Growth

TBO Tek's hotels segment has shown consistent expansion over the past three years, with global footprint demonstrating strong growth trends across markets. The company achieved 60% year-on-year growth rate in regional hotel segments during H1 FY26.

Technology and Innovation Leadership

The company has implemented comprehensive technology upgrades, including CRM-led organizational transformation across sales and supply operations. Key achievements include:

• 70% adoption rate of in-house designed systems in less than a year
• Significant automation gains reducing customer service tickets
• Launch of AI-driven search experience and improved platform usability

Premium Product Initiatives

TBO Tek's Platinum program is scaling rapidly, featuring curated selection of prestigious hotels including Rosewood, One&Only, The Peninsula, and other luxury brands. The program covers 55 hotels with 71% growth in participating partners.

Market Position and Future Outlook

The presentation positioned TBO Tek to capitalize on the AI-led transformation in travel, with focus on building connected trips for luxury travelers. The company is developing solutions across the advisor-traveler spectrum, from back-end operations to traveler-facing applications.

With 37,000 active agents, 320 suppliers, 40% market coverage, and 430,000 top-tier connections, TBO Tek demonstrates strong network effects and learning advantages in the evolving travel distribution landscape.

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.