TinT – Technology-in-Travel

TinT – Technology-in-Travel

An excerpt from our monthly Net Value  report. As this is a subscription report, the following item is

TBA Tracking: Net-Value Travel-Tech stock prices and index

Our NVTT* stock index, which measures stock prices of OTAs, platforms, and Amadeus, was at 90 in March. Previous month 137.

Comments:

-Not surprisingly, all of our seven stocks fell.

-Also not a surprise is that all fell faster than their local stockmarket – because the travel business has probably been hit hardest.

-Our analysis this month stops there – as all has been overwhelmed by the covid coronavirus.

*Notes: NVTT=Net-Value Travel-Tech. The Index includes three companies quoted in Europe, and four in the US – one of which, cTrip, is China-based, and another, Trivago, is Germany-based. Base-100 end-2014 for all except end-2015 for cTrip, end-2016 for Trivago.

Stockmarket last-day travel-tech-stock closing prices, 2015-20

Company	Price,local currency							Growth┼,%		NVTT* index
	Mar 20	Feb 20	Jan 20	Dec 19	Dec 18		Dec 15	stock	market	Company	All
Amadeus	43.2	62.5	70.8	72.8	60.8		40.7	-30.9	-23.0	131	145
Booking╪	1345	1729	1831	2054	1722		1275	-22.2	-14.0	118	131
cTrip	22.5	34.9	34.9	34.9	27.1		46.8	-25.9	-19.7	48	53
eDreams	1.85	3.67	4.42	4.27	2.38		1.90	-49.6	-23.0	112	124
Expedia	56	96	108	108	113		124	-41.4	-19.7	66	73
Lastminute	21.5	35.8	44.4	46.0	17.5		13.1	-39.9	-7.7	144	160
Trivago	1.46	1.82	2.63	2.62	5.63		na	-19.8	-19.7	12	14

Notes: *NVTT=Net-Value Travel-Tech; *100 base on Dec 2014 prices or when company started listing. ┼Latest month over month earlier. ╪Renamed 2018; was Priceline. Source: companies, Net Value, stockmarkets.

#travel-technology #travel business #Internet&travel

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