Articles tagged “IPOs”

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.

Air India Express has become the first airline to operate from two airports in the national capital region. The airline is aiming to use the Hindon airport to connect with the smaller cities in western Uttar Pradesh, Uttarakhand, and Haryana. It is not yet known if the airport will serve as another hub - but would it make sense if it were to become one?

The TBO Tek shares made a strong debut on the Indian stock exchanges. This indicates a positive investor sentiment towards the travel and tourism segment.

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.