Articles tagged “ipo”

Airlines

Virgin Australia Executive in Charge of IPO Resigns

It turns out that Qantas is not the only Australian airline with C-suite exit issues.

Poonam Behura, Reuters | 1 month ago

Virgin Australia Executive in Charge of IPO Resigns

Online Travel

Yatra to Launch Indian IPO on September 15

Is this the beginning of a wave of IPO activity among Indian travel companies? Yatra is set to become the second online travel agency to be listed on the Indian stock exchanges, following EaseMyTrip. Both Ixigo and Oyo are also poised for potential listings, indicating a growing interest in the public markets within the Indian travel sector.

Peden Doma Bhutia | 3 months ago

Yatra to Launch Indian IPO on September 15

News Blog

Oyo India CEO and Europe Head Quit to Start Own Ventures

Ankit Gupta, the India CEO of hospitality technology platform Oyo, and Mandar Vaidya, the head of Oyo's European operations, will both be moving on from the company. "Ankit Gupta and Mandar Vaidya moved on from their roles six months ago in March 2023. We are proud of their achievements at Oyo and are thankful for…

Peden Doma Bhutia | 3 months ago

Airlines

Inside Dubai Airport’s Almost $3 Billion Mega Expansion

With an annual passenger volume of just under 90 million, it's no surprise that the primary focus of Dubai International Airport's expansion endeavors is directed towards elevating customer experience.

Peden Doma Bhutia | 3 months ago

Inside Dubai Airport’s Almost $3 Billion Mega Expansion

News Blog

Hotelbeds Hires Banks to Prepare IPO

Buyout fund Cinven and Canadian pension fund CPPIB have hired Morgan Stanley and Evercore to prepare an initial public offering for Hotelbeds, Expansion newspaper reported on Friday citing unidentified market sources. Hotelbeds, a company based in Palma de Mallorca which sells hotels rooms to wholesale customers such as travel agencies and tour operators, is worth…

Jason Clampet | 5 months ago

Airlines

India Daily: Go First Raises Pilot Pay With Retention Allowance

With enticing offers, the crisis-hit carrier endeavors to hold on to its flying crew, who are increasingly considering alternative opportunities.

Amrita Ghosh | 6 months ago

India Daily: Go First Raises Pilot Pay With Retention Allowance

Online Travel

Chinese Hotel Firm Rakes in Six-Fold Return as It Sells Minor Stake in Oyo

Not a bad payday, considering the partial exit yields a substantial six-fold return for H World Group. However, the heightened scrutiny on startup valuations has kept a lid on gains for Oyo.

Peden Doma Bhutia | 6 months ago

Chinese Hotel Firm Rakes in Six-Fold Return as It Sells Minor Stake in Oyo

Airlines

Virgin Australia Prepares for $665 Million Relisting in November

A re-listing on the Australian stock exchange is a sign of the rebound in travel for the country's second largest airline.

Reuters | 6 months ago

Virgin Australia Prepares for $665 Million Relisting in November

Hotels

Oyo Outlook Stable on Emerging Profit for Hotels and Rentals

Take that money, watch it burn? Rating agency Moody's cautioned Oyo that it should instead consider sinking in the river the lessons it's learned about profitability.

Peden Doma Bhutia | 7 months ago

Oyo Outlook Stable on Emerging Profit for Hotels and Rentals

News Blog

Saudi Arabia’s Red Sea Global Mulls 2026 Public Market Offering

Red Sea Global, a company fully owned by Saudi Arabia’s Public Investment Fund, is exploring the possibility of a public market offering, with plans to launch as early as 2026. The company is currently examining various options for a public market event, including an initial public offering or the establishment of a real estate investment…

Peden Doma Bhutia | 7 months ago