TBO Groupâs Island Hopper to consolidate its position with acquisition of Gemini Tours & Travels By TBM Staff | Mumbai
TBO Groupâs Island Hopper has acquired Bengaluru-based Gemini Tours & Travels, a DMC for Maldives. With its first successful buy out in 2019, Island Hopper already enjoys over 21% share of Indian travel market to Maldives. Gemini Tours & Travels shall merge with Island Hopper which will help the latter expand its presence not only in South India, but also consolidate its position as a market leader.
Ankush Nijhawan, Co-Founder, TBO Group, said, âThe Gemini merger will help Island Hopper further expand its presence in South India, and consolidate its numero uno position as an island specialist even further. This acquisition would also help in providing our customers more hotel options, especially in the luxury segment in Maldives. Subbaram Mani and Raji Subbaram are one of the pioneers pr
TBO Group intends to merge Gemini Tours & Travels with Island Hopper, which will expand its presence not just in the southern India region but also consolidate its position as a market leader.