Articles tagged “ipo”

Cruises

Goa to Get New Cruise Terminal – India Report

Goa has witnessed a 40% increase in cruise tourism, and a new terminal is coming soon. But there are more problems in the state that need to be solved to attract international tourists.

Goa to Get New Cruise Terminal – India Report

Online Travel

Yatra Expands Corporate Travel Footprint with Acquisition of Globe Travels

Yatra’s acquisition of a corporate travel company highlights its shift towards the more profitable business travel market, especially as competition heats up in the consumer travel space. With consumer revenue dropping, Yatra is doubling down on corporate clients.

Yatra Expands Corporate Travel Footprint with Acquisition of Globe Travels

Online Travel

RedDoorz Eyes IPO to Build Southeast Asia’s Largest Hospitality Firm

While the Indian IPO market is strong right now, global markets aren't as friendly, as a result RedDoorz is taking a measured approach with its IPO plans.

RedDoorz Eyes IPO to Build Southeast Asia’s Largest Hospitality Firm

Tourism

First-Ever Direct Flight Between Cambodia and India Takes Off – India Report

Cambodian tourists have largely visited India for religious travel to Buddhist sites and for affordable medical treatments. Meanwhile, Cambodia is hoping to attract more Indians – but much more than a direct flight is needed to attract the Indian travelers.

First-Ever Direct Flight Between Cambodia and India Takes Off – India Report

Hotels

Leela Hotels IPO Eyes $2.5 Billion Valuation, Listing Likely in 9 Months: Report

With India's travel and hospitality industry thriving, it's the perfect moment for Leela to go public. The buzz around IPOs is definitely heating up, and more companies are feeling confident to jump into the market and raise funds.

Leela Hotels IPO Eyes $2.5 Billion Valuation, Listing Likely in 9 Months: Report

Online Travel

Ixigo IPO To Open Next Week: Indian OTA Aims to Raise $89 Million

The back-to-back IPOs of TBO Tek and Ixigo signify a robust resurgence in the travel industry, highlighting the market's optimism and the sector's readiness to capitalize on the post-pandemic recovery. The Indian travel tech landscape looks set for a dynamic phase of expansion and innovation.

Ixigo IPO To Open Next Week: Indian OTA Aims to Raise $89 Million

Hotels

Oyo’s Fitch Rating Gets an Upgrade: What Led to the Change

This upgrade is a testament to Oyo's strengthening financial position and the broader positive trends within India's hospitality industry.

Oyo’s Fitch Rating Gets an Upgrade: What Led to the Change

Online Travel

Oyo Pauses IPO – Plans to Refile After Refinancing

Has Oyo withdrawn its draft red herring prospectus? Yes. Has it shelved its IPO plans? No. According to sources, the withdrawal of Oyo's draft papers does not indicate that the hospitality company is abandoning its plans to go public.

Oyo Pauses IPO – Plans to Refile After Refinancing

Online Travel

TBO Tek Has IPO Money Now, Acquisitions Could Come Next

TBO Tek had a strong debut with its IPO, with plenty of interest in its shares. Now it needs to execute.

TBO Tek Has IPO Money Now, Acquisitions Could Come Next

Online Travel

Kayak CEO Says Online Travel ‘Still Sucks’ and He Wants to Stay ‘Until It’s Fixed’

Twenty years later, Google is the leading global player in travel metasearch. Steve Hafner can do little about that but argues travelers can snack on Google but they should come to Kayak for better results when they are ready to book.

Kayak CEO Says Online Travel ‘Still Sucks’ and He Wants to Stay ‘Until It’s Fixed’