Prism, the parent company of hospitality platform OYO, filed draft initial public offering (IPO) papers with the Securities and Exchange Board of India (SEBI) on December 31, 2025. The company is seeking to raise up to INR 66.5 billion ($750 million) through a fresh issue of equity shares. The
Mali, Niger, and Burkina Faso have announced reciprocal travel bans on US citizens, immediately barring entry in response to President Donald Trump’s December 16, 2025, expansion of US travel restrictions. The measures took effect without notice and marked a sharp escalation in diplomatic tensions
Eurostar has fully resumed train services through the Channel Tunnel after a complete shutdown on December 29 caused by an overhead power supply failure. Incident impact The disruption stranded thousands of passengers traveling between London, Paris, Brussels, and Amsterdam during one of the
Delta Air Lines has confirmed it will end its only remaining route from Greater Binghamton Airport in New York, discontinuing daily service to Detroit effective February 14, 2026. Once the route ends, the airport will be left without any scheduled commercial passenger flights, despite completing a
Hyatt Hotels Corporation has finalized the $2 billion sale of Playa Hotels and Resorts’ owned real estate portfolio to Tortuga Resorts, completing its shift to a fully asset-light structure following its acquisition of Playa in June 2025. The agreement to sell the properties was first announced in
JetBlue Airways has announced it will begin daily nonstop service between New York John F. Kennedy International Airport and Cleveland Hopkins International Airport on March 30, 2026. The new route strengthens JetBlue’s Northeast network and will be operated with Airbus A320 aircraft. Passengers
Cvent, a provider of event management and hospitality software, has agreed to acquire virtual events and webinar platform ON24 in an all-cash transaction valued at about $400 million. Under the terms of the deal, ON24 shareholders will receive $8.10 per share, representing a 62 percent premium to
Air China has placed an order for 60 Airbus A320neo-family aircraft, with a total value of about $9.5 billion at list prices. The order covers a mix of A320neo, A321neo, and A319neo aircraft, reinforcing Air China’s long-term plan to modernize its fleet while preparing for sustained growth in
VBooking, a UAE-based AI-powered travel booking platform founded in 2015, has raised $5 million in new funding, bringing its valuation to $60 million. The round combines direct capital investment with strategic partnerships aimed at accelerating product development and market expansion. The
Eve Air Mobility, the Embraer-backed developer of electric vertical takeoff and landing (eVTOL) aircraft, has confirmed Beta Technologies and Nidec Aerospace as key propulsion suppliers for its air taxi production. Beta will provide the pusher motors, while Nidec will supply the lifter motors used
Virgin Atlantic has launched an AI-powered Concierge service on its main website and the Virgin Atlantic Holidays platform. The tool is built in partnership with OpenAI, which provides the core AI capabilities, and Tomoro, which handled custom development and system integration. How the concierge
Amazon has revealed that its AI assistant Alexa+ will integrate with Expedia starting in 2026. The partnership will allow users to search, compare, book, and manage lodging reservations entirely through voice commands on Echo devices and compatible smart speakers. This update marks a major step