Articles tagged “ipo”

Online Travel

Daily Podcast: Overvalued Online Travel IPOs

Good morning from Skift. It’s Wednesday, January 12, in New York City. Here’s what you need to know about the business of travel today.

Daily Podcast: Overvalued Online Travel IPOs

Business Travel

India’s Yatra Leans More on Freight Delivery Than Corporate Travel for Recovery

This push into cargo is risky, because Yatra needs as many investors on its side as possible as it prepares to go public in its home country, where corporate travel stands to rebound strongly.

India’s Yatra Leans More on Freight Delivery Than Corporate Travel for Recovery

Venture Capital

Expect a Travel IPO Boom in 2022

This was the year of the travel IPO with 10 market debuts. But at least 10 more travel companies are likely to go public in 2022. Investors, despite disappointing Covid setbacks, continue to bet on the long-term strength of the travel industry.

Expect a Travel IPO Boom in 2022

Short-Term Rentals

Sonder Takes Next Step Toward Stock Market Listing in Mid-January

Will Sonder be a household name brand in accommodations in five years? The company hopes its Nasdaq debut in January, and a nifty $310 million in proceeds, will be the next stage in that evolution.

Sonder Takes Next Step Toward Stock Market Listing in Mid-January

Travel Technology

RateGain’s Value Falls 15 Percent on Stock Market Debut in India

If, as a traveler, you've booked a hotel room online through price comparison, or metasearch, or through a corporate booking tool, you've probably used RateGain's technology without knowing it. Today's public listing gives RateGain cash for more mergers and acquisitions.

RateGain’s Value Falls 15 Percent on Stock Market Debut in India

Short-Term Rentals

Vacasa to Go Public Tuesday With $340 Million in Proceeds to Spur Growth

Omicron won't deter Vacasa's debut as a publicly traded company as it takes advantage of the pandemic-era surge in vacation rental growth.

Vacasa to Go Public Tuesday With $340 Million in Proceeds to Spur Growth

Hotels

Selina Aims to Go Public at $1.2 Billion Valuation Via Blank Check Deal

Kudos to Rafael Museri and Daniel Rudasevski who co-founded Selina in 2015 and brought the company to this point. But investors face a tricky decision about how to value this startup compared to traditional lodging groups.

Selina Aims to Go Public at $1.2 Billion Valuation Via Blank Check Deal

Short-Term Rentals

Australia’s Alloggio Goes Public in the Latest Bet on Vacation Rentals

Dealmaking continues to avoid getting locked down, at least in the vacation rental sector.

Australia’s Alloggio Goes Public in the Latest Bet on Vacation Rentals

Travel Technology

SiteMinder Grabs Unicorn Status in Australia IPO

This was a great day for unheralded channel managers and digital marketing startups toiling in the backwaters of hotel distribution. If SiteMinder can achieve unicorn status, perhaps through a SPAC, an IPO or more hard work, keep at it and you can too.

SiteMinder Grabs Unicorn Status in Australia IPO

Mergers and Acquisitions

Sonder Lowers Valuation to $1.9 Billion as Market Conditions Change; Raises More Money

Sonder revenues are rising while its losses are widening, even as SPAC deals are coming under additional pressure. The new funding raised will help continue to focus on building the company and hopefully keep the economics in check enough to complete the deal.

Sonder Lowers Valuation to $1.9 Billion as Market Conditions Change; Raises More Money