The company posted a $4.7 billion in total revenue for the latest quarter, an increase of 77% year-over-year. Besides, its third fiscal quarter revenue did not look too shabby either. Last week, Booking’s subsidiary Kayak became the lead investor in a $60 million backing of hospitality company Life House. Could the acquisitions make BKNG stock more attractive to investors?īut there is more. The acquisition of the global flight booking provider will cost Booking about $1.83 billion. Next, the company entered into an agreement with funds managed by CVC Capital Partners to acquire Etraveli Group. In November, Booking bought Getaroom for $1.2 billion in a bid to expand on partnerships. Despite the ongoing pandemic, the company is on a roll. As the world continues to open up, would you be keeping an eye on these top travel stocks in the stock market today?īest Travel Stocks To Watch In December 2021īooking Holdings owns travel booking platforms, and. Elsewhere, travel booking platform Expedia Group’s ( NASDAQ: EXPE) stock has risen by more than 25% this year as travel restriction eases. The directive means that the model is finally returning to Chinese airspace after about 2.5 years. Earlier this month, Chinese authorities issued an airworthiness directive on the Boeing 737 MAX. ![]() For instance, airline stocks like Boeing ( NYSE: BA) may be seeing renewed interest from investors. This is all encouraging for travel stocks. And President Joe Biden said last week that there would be no new travel restrictions in light of the new variant’s discovery. Anthony Fauci has said that early reports on the variant were encouraging. Although the Omicron variant is raising concerns, the White House’s chief medical advisor Dr. After all, the United States eased its travel restrictions for international travellers last month, with vaccinated travellers now being allowed into the country. With the impact of the pandemic fading, travel stocks appear to be attracting attention in the stock market. Are These The Best Travel Stocks To Buy Right Now?
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