Articles tagged “ipo”

The back-to-back IPOs of TBO Tek and Ixigo signify a robust resurgence in the travel industry, highlighting the market's optimism and the sector's readiness to capitalize on the post-pandemic recovery. The Indian travel tech landscape looks set for a dynamic phase of expansion and innovation.

This upgrade is a testament to Oyo's strengthening financial position and the broader positive trends within India's hospitality industry.

Has Oyo withdrawn its draft red herring prospectus? Yes. Has it shelved its IPO plans? No. According to sources, the withdrawal of Oyo's draft papers does not indicate that the hospitality company is abandoning its plans to go public.

TBO Tek had a strong debut with its IPO, with plenty of interest in its shares. Now it needs to execute.

Twenty years later, Google is the leading global player in travel metasearch. Steve Hafner can do little about that but argues travelers can snack on Google but they should come to Kayak for better results when they are ready to book.

In contrast to some travel companies that adopted a cautious 'wait and watch' stance, hesitating to launch an IPO amid the uncertain landscape of the travel industry, TBO stood out for its proactive approach. Rather than biding its time, TBO swiftly made the decision to launch its IPO.

Wednesday's IPO will value Viking, an operator of luxury river and ocean cruises, at roughly $10 billion. Leaders in the luxury travel sector will be eyeing the move closely.

Will TBO go into wait-and-watch mode like Oyo or Ixigo, or will it launch an IPO soon enough?

The net proceeds of Brian Chesky's 10-year pay package — which he said would be donated to host programs and to charities — would really soar if Airbnb's share price breaches tough-to-reach targets.

A high-caliber management team is the key to any great company. But bringing this group back together again doesn't guarantee success. Investors will ask, "What have you done for me lately?"