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Ixigo IPO Garners Significant Demand Across Investor Categories — India Report - skift.com - India - Russia - city Moscow
skift.com
13.06.2024 / 07:13

Ixigo IPO Garners Significant Demand Across Investor Categories — India Report

The IPO for online travel agency Ixigo saw demand for the shares it offered dramatically exceed the number of shares offered this week.

IndiGo Introduces Hotel Booking Option — India Report - skift.com - Japan - South Korea - India - city Delhi - city Mumbai, India
skift.com
12.06.2024 / 07:55

IndiGo Introduces Hotel Booking Option — India Report

Low-cost carrier IndiGo has introduced a new hotel booking option on its website and app. The airline said the aim of the integrated service is to allow passengers the convenience of a one-step solution. 

Akasa Air Co-Founder On International Expansion and Profitability — India Report - skift.com - Saudi Arabia - India - city Mumbai - county Gulf - Kuwait - city Doha - city Jeddah - city Riyadh, Saudi Arabia
skift.com
11.06.2024 / 03:07

Akasa Air Co-Founder On International Expansion and Profitability — India Report

Low-cost carrier Akasa Air is on its path to profitability and will be expanding its international network, Indian news agency PTI said quoting Aditya Ghosh, the airline’s co-founder.

Ask Skift: What Are Major Trends in Hotel Loyalty Programs? - skift.com - Marriott
skift.com
11.06.2024 / 03:07

Ask Skift: What Are Major Trends in Hotel Loyalty Programs?

Several hotel loyalty programs have seen substantial growth in recent years, with Hyatt reporting it had increased its loyalty program membership 22% in the first quarter from last year.

Ixigo's IPO Opens Today. What Its CEOs Told Skift - skift.com - India
skift.com
10.06.2024 / 10:33

Ixigo's IPO Opens Today. What Its CEOs Told Skift

Having raised INR 3.33 billion ($40 million) from anchor investors on Friday, Ixigo opened its initial public offering (IPO) on Monday.

Air India CEO on Impact of Bilateral Rights on Indian Carriers' Ability to Fill Seats - skift.com - Turkey - Singapore - Qatar - India - Malaysia - Indonesia - Uae
skift.com
06.06.2024 / 16:05

Air India CEO on Impact of Bilateral Rights on Indian Carriers' Ability to Fill Seats

Indian full-service carrier Air India has said its plans to invest in new aircraft will depend on the government’s policy on bilateral agreements and the seat capacity being granted, CEO Campbell Wilson said this week at an aviation event in India. 

Air India Express To Expand Operations In Delhi-NCR - skift.com - India - city Kolkata - city Delhi
skift.com
06.06.2024 / 04:11

Air India Express To Expand Operations In Delhi-NCR

Budget airline Air India Express has announced that it will be commencing operations from the Hindon airport in the national capital region (NCR), in addition to its ongoing operations from the Delhi airport. With this, it has become the first airline to operate from two airports in the NCR. 

India's Heatwave Has Record Numbers of Travelers Flying Outbound — India Report - skift.com - Greece - Italy - Portugal - Japan - Britain - Canada - India - city Delhi
skift.com
05.06.2024 / 13:03

India's Heatwave Has Record Numbers of Travelers Flying Outbound — India Report

Indian travelers have been booking outbound flights from major Indian airports in record numbers in a bid to escape the extreme heatwave, according to travel company Trevolution Group’s data. 

Ixigo IPO To Open Next Week: Indian OTA Aims to Raise $89 Million - skift.com - India
skift.com
05.06.2024 / 13:03

Ixigo IPO To Open Next Week: Indian OTA Aims to Raise $89 Million

Le Travenues Technology, the parent company of Indian travel aggregator Ixigo, will be launching its initial public offering (IPO) on June 10. The company announced on Wednesday that the INR 7.4 billion ($89 million)-IPO size, includes a fresh issuance of equity shares worth INR 1.2 billion ($14.4 million) (and an offer for sale of INR 6.2 billion ($74.4 million). The IPO price band ranges from INR 88 to 93 per share.

Wyndham's Global Growth, Spirit Air's Departing CFO and Accor's India Move - skift.com - Austria - Switzerland - New York - city Detroit - India
skift.com
04.06.2024 / 11:01

Wyndham's Global Growth, Spirit Air's Departing CFO and Accor's India Move

Good morning from Skift. It’s Tuesday, June 4. Here’s what you need to know about the business of travel today.

Top Hotel CEOs Bet on Group Bookings, AI, and India for Growth - skift.com - New York - China - India - Marriott
skift.com
04.06.2024 / 03:31

Top Hotel CEOs Bet on Group Bookings, AI, and India for Growth

The world’s top hotel executives are betting big on AI, groups, and India amid a post-pandemic travel resurgence that’s bolstering the bottom line despite economic headwinds and labor challenges.

Online Travel Companies See Surge in Sports Tourism in India - India Report - skift.com - Australia - New York - Maldives - India - Indonesia - Pakistan - Sri Lanka
skift.com
04.06.2024 / 03:31

Online Travel Companies See Surge in Sports Tourism in India - India Report

Sports tourism is on a rise in India, with the country’s sports tourism market expected to be valued at nearly $53 billion in 2033, according to a report released by market research firm Future Market Insights last year. The firm expects the industry to grow at an annual rate of 17.1% from its valuation of $11 billion in 2023. 

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