Web Travel Group Limited (WEB.AX)
Web Travel Group Limited operates in the Travel Services industry of the Consumer Cyclical sector, headquartered in Melbourne, VIC, AU. The stock last traded at $3.50, down 1.69% on the session, giving a market capitalisation of $1.27B. Its beta of 1.05 implies it has historically moved more than the broad market.
Webjet Limited, an Australian company headquartered in Melbourne and established in 1980, offers comprehensive online travel reservation services. Its global reach extends to Australia, New Zealand, the United Arab Emirates, the United Kingdom, and other international markets. The company operates through two distinct segments: Business-to-Consumer (B2C) Travel and Business-to-Business (B2B) Travel. Within its B2C offerings, customers can efficiently compare, combine, and secure bookings for domestic and international flights, hotel accommodation packages, travel insurance, rental cars, and motorhomes. For its B2B segment, Webjet serves a wide range of industry partners, including retail and corporate travel agents, online travel agencies, wholesalers, and tour operators. The group's extensive portfolio includes numerous brands such as Webjet, GoSee, Trip Ninja, Rezchain, Roomdex, LockTrip.com, JacTravel, Sunhotels, Lots of Hotels, Totalstay, Destinations of the World, FIT Ruums, and Umrah Holidays International.
Web Travel Group Limited is most often compared with the following Consumer Cyclical names: