Several Indian travel and hospitality companies are planning initial public offerings. Oyo, Pride Hotels Group, and LaRiSa Hotels & Resorts are among them. Lemon Tree Hotels will list Fleur Hotels in two years. The Leela Palaces, Hotels and Resorts, concluded its IPO in May. Prestige Hospitality and Travel Food Services have also initiated IPO processes.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,