Mumbai, Sept. 3 -- Classic Vacations is a premier B2B2C luxury travel company with a strong network of high-value Travel Advisors and deep ties with major American consortia. The company delivered a revenue of $111 million and an operating EBITDA of $11.2 million in the fiscal year ended Dec. 31, 2024.

The acquisition brings together the power of TBO's first-class technology platform and worldwide inventory with Classic Vacation's vast network of luxury travel advisors and suppliers.

TBO's expansion into serving the premium outbound travel market aligns strategically with Classic Vacation's exclusive B2B brand and elite, high-value advisor network enhanced by its nearly five decades of success and brand recognition.

TBO's cofounder and...