OYO Parent Prism Files Confidential IPO in India, Targets $7–8 Billion Valuation
Prism, the parent company of OYO Hotels, has filed confidential IPO papers in India, aiming for a valuation of up to $8 billion after years of delayed listing plans.
Travel IPO
Travel IPO covers public listings and market activity across the global travel industry. This topic brings together news, analysis, and updates on airlines, hotel groups, cruise operators, travel platforms, and travel-tech companies preparing for or completing Initial Public Offerings. It tracks market sentiment, valuation expectations, investor response, and the broader implications of travel companies entering public markets. Designed as a centralized resource, Travel IPO helps readers understand how capital markets are shaping the future of travel and tourism.
OYO Parent Prism Moves Closer to IPO With Approval for $742 Million Share Issue
Prism, the parent company of OYO Hotels, has secured shareholder approval to raise $742 million through a fresh equity issue, reviving long-delayed IPO plans.
TravelPlus Moves Toward IPO as Corporate Travel Platform Targets Public Markets
India-based corporate travel platform TravelPlus has filed IPO papers, signaling growing investor confidence in enterprise-focused travel technology and its improving profitability.
Pride Hotels Targets IPO by March 2026 to Fund Renovations and Expansion
By
Yuliya Karotkaya
• 3 mins read
Indian hospitality group Pride Hotels is planning an IPO by March 2026 to finance large-scale renovations, reduce debt, and support its expanding national footprint.
Navan Files for IPO: Travel Unicorn Steps Into the Public Market
By
Yuliya Karotkaya
• 3 mins read
Navan, the travel and expense management unicorn formerly known as TripActions, has filed for an IPO, revealing rapid growth, heavy investment in AI, and the challenges of turning profitability in a competitive market.
Oyo Parent Rebrands as Prism Ahead of Fresh IPO Plans
By
Yuliya Karotkaya
• 3 mins read
Oravel Stays, the parent of OYO, has rebranded to Prism to reflect its evolution into a diversified global hospitality and tech group ahead of its planned IPO.
OYO Forces Ahead with IPO Plans This November, Targeting $7–8 Billion Valuation
By
Yuliya Karotkaya
• 2 mins read
OYO is making a third attempt to go public, planning to file its Draft Red Herring Prospectus (DRHP) in November 2025 with a valuation goal of $7–8 billion – approximately 25-30 times its EBITDA – as investment banks and SoftBank weigh in.
Cordelia Cruises Sets Course for Expansion with $84.5M IPO Filing
By
Yuliya Karotkaya
• 2 mins read
Cordelia Cruises’ parent company, Waterways Leisure Tourism, has filed for an $84.5 million IPO to fund fleet expansion and debt repayment—marking a bold new chapter for India’s only ocean cruise operator.