Uber has raised three separate rounds of capital this year, including a massive $3.5 billion investment in June and another $1.15 billion in debt financing in July, while Airbnb raised $1 billion of private equity funding in June, followed by another $555 million in debt financing in September.

But both have held back on plans for initial public offerings, leaving many industry observers wondering when these two travel industry giants will go public.

The article outlines the need to find the right timing and business momentum in the light of regulation, as well as the day-to-day challenges of preparing for an IPO, and references the relatively poor performance of companies that have gone public in 2016.

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