TBO is making a major play for the North American luxury travel market. The India-based travel distribution platform announced it has entered into an agreement to acquire U.S.-based Classic Vacations from The Najafi Companies in a deal valued at up to $125 million.
The acquisition pairs TBO’s global technology and distribution capabilities with Classic Vacations’ long-established reputation among luxury travel advisors and suppliers. San Francisco-based Classic Vacations reported $111 million in revenue and $11.2 million in operating EBITDA in 2024.
A great solo travel tip spotted this week on Luxury Travel Advisor.
