TinT – Technology-in-Travel
Our monthly TinT report. As this is a subscription report, the following is not the current edition.
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 156 in January. Previous month 160.
Comments:
-Yet another mixed month – three of our eight stocks up, three down, two unchanged.
-Compared with their local stockmarkets, five did better than their local stockmarket, three worse.
-Three stocks are still below their baseline price – cTrip, Travelport, Trivago.
-Figures were trending down in February as the coronavirus from China was starting to hit travel movements.
*Notes: NVTT=Net-Value Travel-Tech. The Index includes three companies quoted in Europe, and five 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 | ||||||||
| Jan 20 | Dec 19 | Nov 19 | Dec 18 | Dec 17 | Dec 15 | stock | market | Company | All | ||
| Amadeus | 70.8 | 72.8 | 72.3 | 60.8 | 60.1 | 40.7 | -2.7 | -1.8 | 214 | 137 | |
| Booking╪ | 1831 | 2054 | 1904 | 1722 | 1738 | 1275 | -10.9 | 2.0 | 161 | 103 | |
| cTrip | 34.9 | 34.9 | 34.9 | 27.1 | 44.1 | 46.8 | 0.0 | -2.1 | 75 | 48 | |
| eDreams | 4.42 | 4.27 | 4.08 | 2.38 | 4.77 | 1.90 | 3.5 | -1.8 | 268 | 171 | |
| Expedia | 108 | 108 | 102 | 113 | 120 | 124 | 0.3 | -2.1 | 127 | 81 | |
| Lastminute | 44.4 | 46.0 | 41.2 | 17.5 | 15.4 | 13.1 | -3.5 | 0.0 | 297 | 190 | |
| Travelport | 15.8 | 15.8 | 15.8 | 15.6 | 13.1 | 12.9 | 0.0 | -2.1 | 87 | 56 | |
| Trivago | 2.63 | 2.62 | 2.33 | 5.63 | 6.84 | na | 0.4 | -2.1 | 22 | 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.
Bites
[] PCW (Phocuswright, a travel research company specialising in online data) reports:
-In Europe’s two largest markets – UK, Germany – 2019 online bookings grew at 3x the rate of the overall market.
-In 2019, for the first time, more than half of all travel bookings in Europe, 51%, were made online. Our estimates on PCW data for other years: 2020 52%, 2021 53%, 2022 54%, 2023 55%.
-PCW forecasts Europe will pass the US by 2021 to have the highest online penetration of any region.
#travel-technology #travel business #Internet&travel
//end
Foxtrots 
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