Articles tagged “investors”

Tourism

Indian Stock Exchange Launches Index to Track Travel Listings — India Report

A new stock market index to track the performance of the travel sector is an indicator of the segment's growth in India. Travel companies are having a dream run at the Indian bourses. It remains to be seen whether this demand will sustain over the long term.

Bulbul Dhawan | 5 months ago

Indian Stock Exchange Launches Index to Track Travel Listings — India Report

Short-Term Rentals

The Top 20 U.S. States Where Investors Are Buying More Homes

The real estate market might be tight, but investors' purse strings are still loose

Srividya Kalyanaraman | 1 year ago

The Top 20 U.S. States Where Investors Are Buying More Homes

News Blog

Selina to Offer Shareholders Rewards at Its Hotels and Co-Working Spaces

Buying a share in a company typically involves hoping the stock price rises over time and maybe means sharing in dividends. But Selina, an upstart hospitality brand, said on Wednesday it has a new enticement for people to buy its stock — discounts and freebies at its properties. "Today, investing extends beyond the balance sheet,"…

Sean O'Neill | 1 year ago

News Blog

Hotel Chart of the Week: Investors Want Wyndham to Seek Merger

Skift editors were struck by this chart of Wyndham's stock price as of Friday. Investors continue to behave as if it would be a good thing for the world's largest hotel franchisor to merge with another player. Sustained investor pressure on that score might prompt Wyndham's management to change strategy at some point. Shares spiked…

Sean O'Neill | 1 year ago

Business Travel

Dubai’s Royal Family Backs Italy’s BizAway to Modernize Region’s Business Travel

It’s not what you know, but who you know, and by teaming up with Seed Group, which is owned by a member of Dubai's ruling family, startup travel agency BizAway will gain the right kind of introductions to grow its business in the Middle East.

Matthew Parsons | 2 years ago

Dubai’s Royal Family Backs Italy’s BizAway to Modernize Region’s Business Travel

Airlines

Virgin Australia Owner Bain Capital Hints at IPO

As Australia's second-biggest carrier looks to relist at the stock exchange, the biggest question is how big a stake does Bain want to retain.

Scott Murdoch, Jamie Freed and Harish Sridharan, Reuters | 2 years ago

Virgin Australia Owner Bain Capital Hints at IPO

Business Travel

South African Corporate Travel Agency Looks to Embolden Women Under New Investor

A pioneering female-focused private equity fund has backed a management buyout at Johannesburg's Club Travel Corporate, and it’s a sign of more things to come across Africa, according to its CEO.

Matthew Parsons | 2 years ago

South African Corporate Travel Agency Looks to Embolden Women Under New Investor

Online Travel

HotelTonight Founder Sam Shank Leaves Airbnb After an Extended Stay

HotelTonight is the fastest, and probably the most exquisite and feisty hotel booking app around. Regardless of its future with Airbnb, it created dozens of imitators, and set the standard.

Dennis Schaal | 2 years ago

HotelTonight Founder Sam Shank Leaves Airbnb After an Extended Stay

Online Travel

Traveloka Shuts Down Pandemic Business Launches to Refocus on Travel

Having weathered the Covid storm, Traveloka is back to doing what it believes it does best — selling travel.

Peden Doma Bhutia | 2 years ago

Traveloka Shuts Down Pandemic Business Launches to Refocus on Travel

News Blog

SoftBank Slashed Oyo Valuation 20 Percent

SoftBank Group has reportedly cut the valuation of Indian hotel-booking platform Oyo by more than 20 percent, Bloomberg reported on Thursday quoting people familiar with the matter. According to the report, the Japanese investor, who owns 45 percent of Oyo, cut its estimated value for initial public offering-bound Oyo to $2.7 billion in the June…

Peden Doma Bhutia | 2 years ago