Articles tagged “ipo”

Online Travel

How India’s EaseMyTrip Built a Brand Waiving Booking Fees

EaseMyTrip realized early on that the convenience fee is perhaps the most inconvenient part of travel bookings and were willing to let go of it in return for loyal customers.

Peden Doma Bhutia | 5 days ago

How India’s EaseMyTrip Built a Brand Waiving Booking Fees

News Blog

Oyo Still Keen to Pursue IPO Setting Mid-February Deadline for Refiling

Keen to pursue its long-anticipated initial public offering (IPO), hospitality tech company Oyo has said it would be refiling its draft red herring prospectus with the Indian stock market regulator Securities Exchange Board of India (SEBI) by mid-February. While the company refused to offer any estimation of the time it expects SEBI to take for…

Peden Doma Bhutia | 2 weeks ago

Airlines

Virgin Australia Owner Bain Capital Hints at IPO

As Australia's second-biggest carrier looks to relist at the stock exchange, the biggest question is how big a stake does Bain want to retain.

Scott Murdoch, Jamie Freed and Harish Sridharan, Reuters | 2 weeks ago

Virgin Australia Owner Bain Capital Hints at IPO

Online Travel

Oyo’s IPO Could Be Delayed as Indian Regulator Asks for Updated Filing

The run-up to an Oyo IPO is turning out to be a waiting-for-Godot moment. Let's just hope Godot shows up in this version, even if the delay is even a little longer.

Peden Doma Bhutia | 3 weeks ago

Oyo’s IPO Could Be Delayed as Indian Regulator Asks for Updated Filing

News Blog

Oyo Hits Reorg Button: Lays Off 600 Employees Across Tech and Product

Oyo, in preparation for its upcoming IPO in 2023, is doing a major reorg of its organizational structure and cost base. It has announced it is letting go of 600 employees out of a total of about 3700, mostly in its product and tech teams. From the company: "Oyo is downsizing its product and engineering,…

Rafat Ali | 2 months ago

Online Travel

Yatra Thinks an Early 2023 India IPO Could Spur New Alliances

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.

Peden Doma Bhutia | 2 months ago

Yatra Thinks an Early 2023 India IPO Could Spur New Alliances

Hotels

Oyo Still Wants to Go Public

Today’s edition of Skift’s daily podcast looks at Oyo's wished-for IPO, Context Travel's pre-tour homework, and Delta and Air France/KLM's sustainability efforts.

Rashaad Jorden | 2 months ago

Oyo Still Wants to Go Public

News Blog

Surf Air Mobility Drops SPAC, Plans Direct IPO

Surf Air Mobility plans to list directly on public markets in the U.S. after ending a planned $1.4 billion special purpose acquisition company, or SPAC, listing. The California-based aviation company still plans to merge with regional airline Southern Airways Express as part of an initial public officer (IPO), Southern CEO Stan Little confirmed. Surf Air…

Edward Russell | 2 months ago

Online Travel

How Kayak Fared 10 Years After Priceline’s Offer to Buy It

Kayak isn't as muscular today in metasearch, as some would have forecast years ago, given the impact of Google. But Kayak hasn't folded, either.

Dennis Schaal | 3 months ago

How Kayak Fared 10 Years After Priceline’s Offer to Buy It

Hotels

Selina Finally Takes Its Millennial Hotel Brand Public in a Stunning Debut

Shaky financial markets didn't deter Selina from debuting as a publicly traded company, taking advantage of a post-pandemic surge in youth travel. Critics pointed to its lack of profits. But fans praised the hotel brand's relentless experimentation in a sector that's often too cautious.

Sean O'Neill | 3 months ago

Selina Finally Takes Its Millennial Hotel Brand Public in a Stunning Debut