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Articles tagged “IPOs”

Online Travel

Hopper Plans to Stay Private for Now With $5 Billion Valuation

Hopper has been making a go of things with varied degrees of success for 15 years and the company is now finding its stride. Being a private company has its allures, but you can bet that Hopper executives would jump at the right deal. Who wouldn't?

Hopper Plans to Stay Private for Now With $5 Billion Valuation

Ground Transport

Turo’s Road to Carshare Profitability Seems Endless

If carsharing platform Turo can't make a profit in a red-hot rental car market like 2021, when will it?

Turo’s Road to Carshare Profitability Seems Endless

Hotels

Daily Podcast: Omicron Batters Hotels Worldwide

Good morning from Skift. It's Monday, January 24, in New York City. Here's what you need to know about the business of travel today.

Daily Podcast: Omicron Batters Hotels Worldwide

Tourism

Daily Podcast: The Megatrends to Know for 2022

Good morning from Skift. It's Thursday, January 20, in New York City. Here's what you need to know about the business of travel today.

Daily Podcast: The Megatrends to Know for 2022

Hotels

India’s Oyo Hotel Startup to Target $9 Billion Valuation in IPO

Among Softbank's holdings, Oyo does not appear to be another WeWork calamity. However, under the glare of being a public company, Oyo would be challenged to get to profitability, and to remedy its ongoing brand reputation challenges.

India’s Oyo Hotel Startup to Target $9 Billion Valuation in IPO

Short-Term Rentals

Sonder Underwhelms in Public Debut

Sonder's delayed stock market debut came to be, finally. Now with a $310 million injection of proceeds from private investors, and tapping into a $165 million credit line, the company can go about its business trying to build the next household name hospitality brand.

Sonder Underwhelms in Public Debut

Online Travel

Letting the Air Out of Online Travel’s IPO Bloat

Stock markets, at their best, can be hype killers, and public investors shot down many inflated private company valuations in 2021. This may be a sobering development for IPO and SPAC wannabes in 2022.

Letting the Air Out of Online Travel’s IPO Bloat