These online travel stocks are poised to go the distance

After a recent pullback, these stocks trade below their fair value estimates.

Vikram Barhat 4 April, 2018 | 5:00PM

With days getting longer, warmer and sunnier, the global travel industry has much to look forward to. The outlook for the industry this year is rather cheery. The U.S. economy has been growing steadily, European GDP growth has perked up, and China and India continue to lead the global economic growth.

As a result, the global travel market clocked US$1.6 trillion in 2017, making it one of the largest and fastest growing sectors in the world, according to a Deloitte report. One of the leading beneficiaries of this growth is the online travel market. Digital travel worldwide is projected to increase by 10.4% in 2018 to reach US$676 billion in sales, soaring to US$855 billion by 2021, according to The Mobile Outlook 2018, a recent travel industry study.

Newer technology trends like the growing role of mobile phones in everyday life are further fuelling this growth. In fact, mobile travel sales already account for 40% of the digital travel sales in the U.S., according to the Mobile Outlook study.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Booking Holdings Inc1,678.20 USD-2.80
Expedia Group Inc101.19 USD-7.09
TripAdvisor Inc23.61 USD-7.85

About Author

Vikram Barhat

Vikram Barhat  Vikram Barhat is a freelance writer.