Archive · 14 Dec 2025

Pride Hotels Aims for IPO by 2026

Pride Hotels Aims for IPO by 2026

Pride Hotels, a company that runs hotels and resorts, wants to go public by March 2026.

This means they will sell shares of their company to the public for the first time.

The money they raise will be used to fix up their existing hotels, pay off some of their debts, and help them grow by adding more hotels.

They currently have 34 hotels and plan to add 32 more in the next few years.

The company is also doing well financially, with higher profits and revenues compared to last year.

However, they expect more competition as other hotels open up in smaller cities.

Sources