Articles tagged “IPOs”

One exciting thing about the IPO, if it takes place, is that we'd inevitably gain a lot more transparency about the world's largest hotel wholesaler, Hotelbeds.

IndiGo will be the only carrier in the country other than the Air India Group to offer business class. But it's not giving up on the low prices that made it popular.

As it seeks to deepen its market share and broaden its portfolio, Brigade Hotel's IPO plans highlights not just the company’s growth potential, but also the broader optimism surrounding India’s hospitality industry.

Goa has witnessed a 40% increase in cruise tourism, and a new terminal is coming soon. But there are more problems in the state that need to be solved to attract international tourists.

Adani Airport Holdings manages 7 airports in India, with another one under development. A major player in the country's airport ecosystem, the company is looking at major investment from parent company Adani Enterprises to drive development before its prospective IPO.

Ixigo's IPO closed to a blockbuster subscription window. The online travel company's performance at the Indian bourses is indicative of the positive sentiments that prevail in India with regard to the travel industry.

IndiGo's decision to add a hotel booking platform to its website and app seems to be aimed at targeting potential customers looking for a one-step solution for hotel and flight bookings. It is not the first Indian airline to make this move, but for a user base that pivots towards OTAs to find the most price-conscious option as well as deals, will this work?

Ixigo's decision to not launch an IPO in 2021-2022 and timing it right now, seems to have served the online travel company well.

Akasa Air launched in August 2022, and since then, it has expanded its network to 25 cities. The low-cost airline's expansion plans range from international destinations to smaller Indian cities to enhance connectivity within and outside India. And its business model seems to be paying off so far.

Wait-and-watch? Not anymore! Ixigo's CEOs tell Skift that they’re ready to dive into what they’re calling the "golden era" of online travel. With ideal market conditions for growth, the Indian OTA is moving forward with an IPO, aiming to use tech-driven customer experiences to strengthen its position.