Skift Take
When it comes to potential IPOs, timing is everything in life, right? Hotelbeds seemingly thinks so.
Hotelbeds, which had planned on an IPO in Spain this summer, has reportedly delayed those ambitions until the tail end of 2024 or early next year.
Private equity firm Cinven and the Canadian Pension Plan Investment Board, the two main owners of Hotelbeds, sought to delay the market debut in hopes of a higher valuation given their strong outlook for the business, according to published reports in