Expedia Group, Inc. (EXPE) and Tripadvisor, Inc. (TRIP) are two prominent players in the travel services industry. EXPE is an international online travel company that operates through Retail; B2B; and trivago segments. It offers travel shopping and reservation services, advertising, and media services and provides real-time access to schedule, pricing, and availability information for airlines, hotels, and car rental companies. In comparison, TRIP is an online travel company that operates through Hotels, Media & Platform; and Experiences & Dining segments. It provides information and services for consumers to research and book restaurant reservations in travel destinations and vacation and short-term rental properties.
The travel and tourism industry has witnessed ups and downs since the onset of the pandemic. However, with the lessening concerns over the COVID-19 variants, the growing demand for travel bookings, travel metasearch engines, reviews, and fare comparisons should allow online travel service providers to witness rising demand.
