nasdaqtrip
Trip Advisor is the world’s largest travel guidance platform, with millions of monthly users, over 1 billion reviews, and opinions of over 8 million businesses.The platform is available in 22 languages throughout 43 markets.Strong travel demand helped shares surge on Q4 2022 earnings results.Shares gapped initially on strong Q4 2022 earnings but collapsed more than 15% afterward.Trip Advisor’s Viator platform powered growth as its tours and activities bookings reflected the strong travel demand in the fragmented “experiences” market, of which 70% is still offline.Trip Advisor shares trade at 1...
ValueWalk
After a torrid 2021, the travel industry is getting ready for a boom this year as travelers are booking at a higher pace than in pre-pandemic 2019. However, the roaring comeback is not without its challenges, and several industry insiders are wary of the capacity to meet the demand. Q4 2021 hedge fund letters, conferences and more Travel ComebackBrandon Berkson, founder of Hotels Above Par in New York told CNBC that the surge in bookings is because “People want to make up for lost time.” He further asserts that people’s hunger for travel this year is higher than ever before. This view is share...
ValueWalk
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