The Indian hospitality sector is seeing a surge in IPOs, with TBO Tek and Ixigo recently listing successfully. Next in line is Leela’s, which could potentially be the largest IPO in India’s hospitality history. Meanwhile, a major Indian airline is now planning to offer hotel booking options. These developments are a solid indicator of the strong investor demand in the Indian travel and tourism sectors. Notably, Ixigo’s IPO was oversubscribed 98 times within the three days it was open. These back-to-back listings could possibly create a hat-trick for Indian travel and hospitality companies on the stock market.
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Experience the magic of the Nile aboard Kenzy Dahabeya, a luxury boutique sailing cruise that offers an unforgettable journey between...
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