Oyo 2.0: After Motel 6 Acquisition, Next Comes an IPO
The Motel 6 acquisition marks a huge step forward for Oyo. With an IPO on the horizon, the big question is: Will it be the blockbuster Oyo’s aiming for?
Articles tagged “brookfield”
Leela's Parent Files For IPO to Fuel Hotel Expansion in India
The IPO is a big deal for The Leela Hotels and could pave the way for more investment in luxury tourism just as demand for premium travel is booming.
Leela Hotels IPO Eyes $2.5 Billion Valuation, Listing Likely in 9 Months: Report
With India's travel and hospitality industry thriving, it's the perfect moment for Leela to go public. The buzz around IPOs is definitely heating up, and more companies are feeling confident to jump into the market and raise funds.
Future Hotel Acquisitions Will Not Target the Usual Suspects
Just because a company isn't in the business of renting out guest rooms to travelers doesn't mean they aren't attractive in the eyes of a hotel mergers-and-acquisitions team. Future hospitality M&A is going to be more creative than in prior decades.
Can India's Leela Hotel Brand Be the Same Under Asset Manager Brookfield?
The name Leela is held in the same esteem as India's other legacy hotel brands such as Taj and Oberoi. Will it ever be the same again under Canada's Brookfield, an asset manager rather than a brand manager?
Minor Out of Race for India's Leela Luxury Hotels as Brookfield Closes In
Leela Hotels would be nice for anyone to have, because of its storied name and luxurious feel. Minor backing off shows its discipline in investing.
Airbnb Is Getting a $200 Million Boost to Build Its Hotel-Like Apartment Business
Airbnb is getting into the very business it has spent the past decade disrupting. Will Niido Powered by Airbnb usher in an era of co-living residences that encourage homesharing?