TBO Group forays into new businesses-sports is next
The TBO Group is expanding its network and the plan is now to enter new ventures and opportunities in the travel B2B space. Ankush Nijhawan, co-founder, TBO Group in an exclusive with Express TravelWorld
The TBO Group is expanding its network and the plan is now to enter new ventures and opportunities in the travel B2B space. Ankush Nijhawan, co-founder, TBO Group in an exclusive with Express TravelWorld, said, “The company has come a long way and accomplished a lot in the past 12 years with due credit to the industry partners. However, the way forward is of extended growth and expansions. The company is all set to change gears and turbo charge their engines again, whether it’s with the right manpower, technology or infrastructure. The company has made its market in the GCC regions and also parts of Africa, but now we are keen to expand in other regions namely Oceania, Europe, Latin America other parts of Africa and especially China. China as we see it today is not an easy market but of one the most robust markets and the largest outbound market. Hence the Group is keen to further focus on this market. The company has once again reiterated its focus to be a serious global player in the B2B space”, says Nijhawan.
In terms of its expansion plans, the company thought leaders are clear, it has to be built or buy model. They are looking to penetrate into newer destinations namely China, Latin America, Indonesia. Says Nijhawan, “We are clear to go the path of build or buy. We are looking at JVs in China and other areas as well. We want to strengthen out footfold strongly. We have done well with newer businesses namely the TBO DMC business which we started not too long ago. We have strong plans to venture into sports tourism. We are also catering to the ICC Cricket packages and letscricket.com is another venture we are proud of. “Our new venture in cruise tourism is also looking promising.
The industry today is going through its challenges be it the aviation sector, the dollar fluctuations etc and now the forth coming general elections may also cause some temporary challenges, but the company is confident to fore ahead amidst challenges through strategic planning.