
Even though several parts of the world are still witnessing a resurgence of COVID-19 cases, most travel companies have been witnessing solid leisure and business travel demand with the reopening of the economy. Moreover, as more people get vaccinated, travel companies should see increasing demand for their services. According to a Technavio report, the travel market is expected to grow at a CAGR of 13.9% by 2026. Therefore, both Expedia Group, Inc. (EXPE) and Booking Holdings Inc. (BKNG) should benefit.
EXPE operates internationally as an online travel company. The company operates through Retail, B2B, and trivago segments. Its brand portfolio includes Brand Expedia, Hotels.com, Vrbo, and CarRentals.com. BKNG provides online reservations for travel, restaurant, and related services worldwide. The company operates through Priceline; Booking.com; Rentalcars.com; Agoda; KAYAK; and OpenTable.