Travel & Booking
Travel & Booking groups companies that connect people to trips, stays, ground transport and leisure experiences, from online marketplaces and travel managers to airlines, hotels, cruise lines and car rental firms. Capital flows to the theme as consumer travel demand recovers, digital booking platforms raise visibility on bookings and revenue, and shifts in how people work and travel create new product demand.
7 of 34 stocks are in a Stage 2 uptrend.
Stocks in this theme
| Ticker | Price | 1M | 3M | 1Y | Stage | Trend | vs 52w high |
|---|---|---|---|---|---|---|---|
| ABNBAirbnb, Inc. | $160.65 | -12.3% | +9.1% | +30.7% | Stage 2 (continuation) | 7/7 | -15.67% |
| VACMARRIOTT VACATIONS WORLDWIDE Corp | $102.28 | -1.9% | +2.4% | +47.6% | Stage 2 (continuation) | 7/7 | -18.01% |
| HTHTH World Group Ltd | $42.8 | -9.6% | +0.8% | +7.5% | Stage 4 | 1/7 | -23.65% |
| MTNVail Resorts Inc | $137.18 | +0.2% | +0.6% | -7.3% | Stage 1 | 3/7 | -15.2% |
| EXPEExpedia Group, Inc. | $263.36 | -16.9% | -0.5% | +19.4% | Stage 2 (continuation) | 6/7 | -22.34% |
| ATATAtour Lifestyle Holdings Ltd | $32.62 | -6.8% | -0.8% | -13.6% | Stage 4 | 1/7 | -23.96% |
| SKYWSkywest Inc | $96.92 | +2.4% | -1.4% | -4.2% | Stage 3 | 4/7 | -16.41% |
| MARMarriott International Inc /Md/ | $355.67 | +4.1% | -3.4% | +33.3% | Stage 1 | 5/7 | -11.64% |
| HLTHilton Worldwide Holdings Inc. | $318.12 | +0.6% | -4.2% | +21.3% | Stage 1 | 4/7 | -9.17% |
| IHGIntercontinental Hotels Group PLC /New/ | $160.8 | +0.5% | -4.5% | +31.0% | Stage 2 (continuation) | 7/7 | -7.66% |
| TCOMTrip.com Group Ltd | $39.1 | -12.4% | -4.8% | -48.6% | Stage 4 | 0/7 | -50.48% |
| CHHChoice Hotels International Inc /De | $102.41 | -0.9% | -6.3% | -5.5% | Stage 1 | 3/7 | -16.11% |
| DALDelta Air Lines, Inc. | $83.46 | +7.0% | -10.3% | +44.8% | Stage 2 (continuation) | 7/7 | -10.89% |
| BKNGBooking Holdings Inc. | $162.91 | -18.2% | -10.8% | -25.3% | Stage 4 | 1/7 | -25.84% |
| LTMLatam Airlines Group S.A. | $49.89 | +0.2% | -12.3% | +11.7% | Stage 4 | 1/7 | -27.13% |
| RCLRoyal Caribbean Cruises Ltd | $265.86 | -1.1% | -13.2% | -18.6% | Stage 4 | 1/7 | -23.61% |
| RYAAYRyanair Holdings PLC | $55.01 | -0.7% | -13.3% | -4.9% | Stage 4 | 0/7 | -25.48% |
| CPACopa Holdings, S.A. | $131.85 | +4.3% | -13.8% | +10.6% | Stage 2 (continuation) | 4/7 | -16.12% |
| CCLCarnival Corp Ltd. | $24.54 | +2.7% | -14.0% | -16.5% | Stage 4 | 0/7 | -27.8% |
| WHWyndham Hotels & Resorts, Inc. | $71.84 | -2.5% | -14.1% | -11.2% | Stage 4 | 2/7 | -20.1% |
| MLCOMelco Resorts & Entertainment LTD | $4.48 | -11.8% | -14.5% | -53.2% | Stage 4 | 0/7 | -54.47% |
| HHyatt Hotels Corp | $158.56 | -5.0% | -16.9% | +9.8% | Stage 1 | 3/7 | -21.54% |
| WYNNWynn Resorts Ltd | $79.43 | -13.0% | -17.4% | -40.0% | Stage 4 | 0/7 | -40.43% |
| LUVSouthwest Airlines Co | $41.64 | +8.1% | -17.5% | +27.1% | Stage 3 | 3/7 | -24.01% |
| TNLTravel & Leisure Co. | $61.87 | -10.0% | -17.7% | +2.1% | Stage 1 | 1/7 | -21.42% |
| UALUnited Airlines Holdings, Inc. | $110.95 | +2.7% | -17.9% | +12.5% | Stage 2 (continuation) | 6/7 | -18.49% |
| MMYTMakeMyTrip Ltd | $47.2 | -19.0% | -18.9% | -49.8% | Stage 4 | 1/7 | -50.36% |
| VIKViking Holdings Ltd | $78.33 | -9.1% | -23.2% | +28.6% | Stage 1 | 4/7 | -27.65% |
| ALKAlaska Air Group, Inc. | $38.7 | -6.4% | -24.5% | -23.3% | Stage 4 | 0/7 | -35.72% |
| AALAmerican Airlines Group Inc. | $13.37 | -0.5% | -26.3% | +17.5% | Stage 3 | 2/7 | -26.34% |
| CARAvis Budget Group, Inc. | $106.67 | -27.7% | -27.4% | -34.0% | Stage 1 | 1/7 | -85.06% |
| NCLHNorwegian Cruise Line Holdings Ltd. | $14.66 | -9.2% | -29.1% | -40.8% | Stage 4 | 0/7 | -41.41% |
| HGVHilton Grand Vacations Inc. | $34.66 | -18.3% | -32.7% | -20.0% | Stage 1 | 0/7 | -36.62% |
| ALGTAllegiant Travel CO | $75.79 | -0.3% | -36.4% | +20.7% | Stage 1 | 2/7 | -36.4% |
Deep dive
The Travel & Booking theme includes online travel agencies and metasearch platforms, home-sharing marketplaces, hotel owners and franchisors, cruise operators, airlines, car rental companies and vacation-ownership businesses. Companies in the basket include digital-first names that sell bookings, asset-heavy carriers and resorts that operate physical inventory, and specialized managers for corporate travel and vacation products. This mix reflects the full chain from a traveler searching for an itinerary to paying for lodging, transport and on-site experiences.
Demand in the travel sector is driven by changes in consumer behavior, economic conditions and technology. Leisure travel rises with disposable income, tourism openings and growing middle-class travel in international markets, while business travel follows corporate budgets and meeting patterns. Remote work and flexible schedules increase demand for longer or blended trips, and mobile apps plus better pricing tools make booking and managing travel easier for consumers and travel buyers.
The value chain splits into search and distribution, supply operators and service providers. Online travel agencies and metasearch engines act as entry points that aggregate options and sell reservations for a fee or commission. Hotels, cruise lines, airlines and car rental firms supply rooms, berths, seats and vehicles and earn revenue from fares, room rates, onboard spending and ancillary fees. Vacation-ownership and timeshare companies sell long-term vacation products, while corporate travel managers and booking platforms handle negotiated rates and expense control for business clients.
Whether the theme continues to attract capital depends on demand resilience, cost pressures and competitive dynamics. Key variables include fuel and labor costs for carriers, balance-sheet strength for capital-intensive operators, marketing costs for customer acquisition at digital sellers, and regulatory or travel restriction trends that affect cross-border flows. Technology and distribution changes also shape outcomes as direct-booking options, loyalty programs and platform economics change where consumers buy travel; companies with clearer pricing power and healthier margins tend to fare differently than those tied to heavy asset cycles.