What Leela's IPO Signals About the Future of Luxury Tourism in India
Skift Take
India’s travel scene is witnessing rapid growth. With Leela Palaces' $599 million IPO, smart acquisitions, and growing aviation, things are taking off. Visa relaxations just sweeten the deal.
In this episode of the Skift India Travel Podcast, Asia Editor Peden Doma Bhutia and India Reporter Bulbul Dhawan dive into the top travel stories from India this month. They explore Leela Hotels’ move toward an IPO, South Africa’s new visa reforms, and Oyo’s acquisition of Motel 6. The discussion also covers key trends in Indian aviation and how Indian millennials are driving a surge in travel spending.
Key PointsLeela Palaces' $599M IPO: A significant move in India's luxury hospitality market. Plans to use proceeds for debt reduction and expansion. Future growth focused on wildlife and heritage tourism. Expansion aligns with
