What Leela's IPO Signals About the Future of Luxury Tourism in India
Listen now
Description
In this episode of the Skift India Travel Podcast, Asia Editor Peden Doma Bhutia and India Reporter Bulbul Dhawan dive into the top travel stories from India this month. They explore Leela Hotels’ move toward an IPO, South Afbrica’s new visa reforms, and Oyo’s acquisition of Motel 6. The discussion also covers key trends in Indian aviation and how Indian millennials are driving a surge in travel spending. Key Points Leela Hotels plans a $599M IPO to reduce debt and expand into wildlife and heritage tourism. South Africa introduces visa relaxations aimed at boosting tourism from India and China. Oyo's acquisition of Motel 6 strengthens its presence in North America with 1,500 new locations. Summary In this episode of the Skift India Travel Podcast, the hosts discuss Leela Hotels' $599 million IPO aimed at debt reduction and expansion into wildlife and heritage tourism. The episode also covers South Africa's new visa reforms to attract Indian and Chinese tourists and Oyo's acquisition of Motel 6 to bolster its North American footprint. Additionally, the podcast explores the increasing preference for direct flights among Indian travelers and the rise in travel spending driven by Indian millennials. Connect with Skift LinkedIn: https://www.linkedin.com/company/skift/ X: https://twitter.com/skift Facebook: https://facebook.com/skiftnews Instagram: https://www.instagram.com/skiftnews/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Subscribe to @SkiftNews and never miss an update from the travel industry.
More Episodes
In this episode of the Skift India Travel Podcast, we explore how online travel agencies are catering to the evolving needs of affluent millennials and Gen Z in India’s travel market. Anuj Rathi, Cleartrip’s chief business and growth officer, shares insights into shifting travel preferences, from...
Published 11/15/24
Published 11/15/24
This episode of the Skift India Travel Podcast sets the stage for an in-depth discussion on India's evolving corporate travel market. Avinash Chandani, partner from Deloitte India talks to Asia Editor Peden Doma Bhutia about the growth potential of the Indian corporate travel market. Key topics...
Published 10/22/24