Articles tagged “asia monthly”

Just days after news of Oyo's hoped-for initial public offering, Yatra is confident of getting listed in the Indian bourses by March 2023. If soaring travel demand in India is the new norm, then travel businesses have a lot to cheer about.

Speakers at the World Travel and Tourism Council Global Summit in Saudi Arabia this week were full of optimism, but the final piece of the jigsaw is still China.

Tata Sons and Singapore Airlines have agreed to consolidate Air India and Vistara by March 2024.

While Oyo plans to go ahead with its initial public offering, the hospitality company is yet to share the current valuation it is looking at. For sure, it would be nowhere close to its original hoped-for valuation of $12 billion.

Silkhaus, a United Arab Emirates-based platform for short-term rentals, announced on Tuesday that it has raised $7.75 million in a seed funding round.

The sweet sound of "profit" seems to be making a slow and steady return in the earnings calls of travel companies in the Middle East.

As it looks to restore capacity, Emirates understands that it would be equally important to recruit the right skills.

Dubai-based property developer Nakheel announced it has secured $4.6 billion in strategic financing deal to drive what it calls, “the new phase of growth.”

Qatar will allow visitors without football World Cup tickets to enter the country from December 2 after the group stage matches end.

Budget carrier AirAsia India is likely to be merged with Air India Express by the end of 2023. An operational review process is underway to integrate the two carriers, Air…