India’s TBO Acquires Booking Platform Jumbonline
Key Points
- TBO, an Indian travel distribution platform, has acquired Jumbonline, a Spain-based booking system by Jump Tours Group.
- The acquisition provides TBO with access to Jumbonline's content, technology, and extensive client portfolio across Europe, the Caribbean, and North Africa.
- Earlier in the year, TBO also acquired Switzerland-based BookaBed to strengthen its presence in Ireland and the UK.
Summary
TBO, a travel distribution platform based in India, has acquired Jumbonline, a Spain-headquartered booking platform by Jump Tours Group. This acquisition allows TBO to access Jumbonline's content, technology, and client base across Europe, the Caribbean, and North Africa. This follows TBO's earlier acquisition of BookaBed, a Switzerland-based accommodation wholesaler, which aimed to enhance its market presence in Ireland and the UK.
TBO has acquired Jumbonline, an online booking system by Jump Tours Group. TBO Co-Founder Gaurav Bhatnagar made the announcement on LinkedIn on Monday. Based in India, TBO.com is a travel distribution platform.
Jumbonline is a Spain-headquartered distribution platform for wholesalers and tour operators. Under the acquisition, TBO will have access to Jumbonline’s content, technology, clients, and talent, said Bhatnagar.
“This acquisition gives us access to great supply across Europe, the Caribbean, and North Africa amongst other destinations,” said Bhatnagar. “We also get access to Jumbo's extensive client portfolio across Europe.”
Earlier this year, TBO fully acquired Switzerland-based BookaBed, a business-to-business accommodation wholesaler. The acquisition deepened TBO’s footprint in Ireland and the UK, the company told Skift.
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