Promising Travel Stocks To Keep An Eye On - October 16th

Key Points

• Five Travel Stocks to Watch: Booking Holdings, Travelers Companies, Expedia Group, MakeMyTrip, and Trip.com Group are highlighted as top travel stocks due to their significant trading volumes recently.
• Cyclical Nature of Travel Stocks: Travel stocks are sensitive to consumer sentiment, seasonality, and events like pandemics, making them more volatile but offering exposure to tourism-driven growth.
• Diverse Offerings: The featured companies provide a variety of travel services including accommodation reservations, insurance products, and transportation ticketing, catering to both consumer and business needs.

Booking, Travelers Companies, Expedia Group, MakeMyTrip, and Trip.com Group are the five Travel stocks to watch today, according to MarketBeat's stock screener tool. Travel stocks are shares of publicly traded companies whose primary business is facilitating or servicing travel and tourism—airlines, hotels and resorts, cruise lines, online travel agencies, car rental firms and other hospitality and leisure providers. These stocks are typically cyclical and sensitive to consumer sentiment, seasonality, fuel costs and events like pandemics or geopolitical disruptions, so investors use them to gain exposure to tourism-driven growth while accepting higher volatility and event-driven risk. These companies had the highest dollar trading volume of any Travel stocks within the last several days.

Booking (BKNG)

Booking Holdings Inc, formerly The Priceline Group Inc., is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.

Read Our Latest Research Report on BKNG

Travelers Companies (TRV)

The Travelers Companies, Inc., through its subsidiaries, provides a range of commercial and personal property, and casualty insurance products and services to businesses, government units, associations, and individuals in the United States and internationally. The company operates through three segments: Business Insurance, Bond & Specialty Insurance, and Personal Insurance.

Read Our Latest Research Report on TRV

Expedia Group (EXPE)

Expedia Group, Inc. operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.

Read Our Latest Research Report on EXPE

MakeMyTrip (MMYT)

MakeMyTrip Limited, an online travel company, sells travel products and solutions in India, the United States, Singapore, Malaysia, Thailand, the United Arab Emirates, Peru, Colombia, Vietnam, and Indonesia. The company operates through three segments: Air Ticketing, Hotels and Packages, and Bus Ticketing.

Read Our Latest Research Report on MMYT

Trip.com Group (TCOM)

Trip.com Group Limited, through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours and in-destination, corporate travel management, and other travel-related services in China and internationally. The company acts as an agent for hotel-related transactions and selling air tickets, as well as provides train, long-distance bus, and ferry tickets; travel insurance products, such as flight delay, air accident, and baggage loss coverage; and air-ticket delivery, online check-in and seat selection, express security screening, real-time flight status tracker, and airport VIP lounge services.

Read Our Latest Research Report on TCOM