Global Tourism - an Asian Pivot

Global Tourism - an Asian Pivot
  • Pininvest Analysis

Tourism has been a remarkably dynamic economic sector over the past 20 years, notably in the advanced countries with growth rates well above national averages

But profound changes are in the offing with a dual shift – in terms of regional destinations and by way of points of contact with prospective travelers

Advanced countries, notably in Europe, have been enjoying a long term yearly growth projection of 2.7% - 3%, but travel and tourism in emerging markets are expected to be the drivers of the industry going forward, favoring intra-region short-stay destinations, to the main benefit of the Asia – Pacific region

The up-march of e-commerce in travel arrangement has been well received both by the tourism industry and by the travelers but the success of reservation sites – and their integration in full service conglomerates – has strengthened their position as gatekeepers, to the dismay of the industry

In free-fall with the pandemics scare, the tourism industry is likely to spit up - regional embedding will continue to matter but flexibility in the response to the new health challenge be decisive

 

Read our notes

Global Tourism - an Asian Pivot • Updated:

Name Ticker Exchange Sector Industry Currency Cur.Price Mkt.Cap Perf. Vol. Risk Contrib. MDD
 
58.com WUBA NYSE Technology Electronic Platforms USD 55.70 8.3 B 8.2% 37%   1% -38%
Accor S.A. ACCYY OTC Services Hotels, Restaurants, Fast-Food & Resorts USD 5.80 - -32.3% 60%   3% -53%
Booking Holdings BKNG NASDAQ Services Travel e-Commerce USD 1,823.55 75 B -11.3% 48%   3% -45%
Carnival Corp. CCL NYSE Services Cruise Tourism USD 15.36 12 B -63.3% 114%   7% -83%
Expedia Group EXPE NASDAQ Services Travel e-Commerce USD 102.72 14 B -24.6% 74%   4% -66%
Fosun International FOSUF OTC Conglomerates Diversified Conglomerates USD 1.21 - -3.4% 49%   1% -35%
Hilton Worldwide Holdings HLT NYSE Services Hotels, Restaurants, Fast-Food & Resorts USD 94.61 26 B -2.8% 49%   3% -51%
Hyatt Hotels Corp. H NYSE Services Hotels, Restaurants, Fast-Food & Resorts USD 58.98 6.0 B -19.3% 63%   4% -60%
Intercontinental Hotels Group IHG NYSE Services Hotels, Restaurants, Fast-Food & Resorts USD 54.65 10 B -6.9% 61%   4% -59%
Liberty TripAdvisor Holdings LTRPA NASDAQ Services Travel e-Commerce USD 1.88 141 M -80.6% 149%   8% -91%
Lindblad Expeditions LIND NASDAQ Services Cruise Tourism USD 9.63 480 M -41.8% 107%   6% -82%
MakeMyTrip MMYT NASDAQ Services Travel e-Commerce USD 21.69 2.2 B -2.3% 74%   4% -64%
Marriot International MAR NASDAQ Services Hotels, Restaurants, Fast-Food & Resorts USD 101.76 33 B -18.6% 63%   4% -61%
Norwegian Cruise Line Holdings NCLH NYSE Services Cruise Tourism USD 18.35 4.7 B -64.3% 128%   8% -87%
Rakuten RKUNY OTC Services E-commerce Services USD 10.27 - 6.7% 38%   1% -36%
Royal Caribbean Cruises RCL NYSE Services Cruise Tourism USD 64.48 14 B -40.7% 110%   7% -82%
Sabre Corporation SABR NASDAQ Technology Electronic Platforms USD 7.29 2.0 B -65.3% 111%   6% -85%
TripAdvisor TRIP NASDAQ Services Travel e-Commerce USD 20.91 2.8 B -39.5% 73%   4% -56%
trivago TRVG NASDAQ Services Travel e-Commerce USD 1.50 527 M -58.8% 68%   3% -62%
TUI Group TUIFY OTC Services Tourism & Travel USD 2.04 - -66.4% 101%   5% -77%
Tuniu TOUR NASDAQ Services Travel e-Commerce USD 1.15 149 M -62.9% 83%   2% -76%
Viad VVI NYSE Services Tourism & Travel USD 22.51 459 M -63.3% 102%   6% -83%
Wyndham Hotels & Resorts WH NYSE Services Hotels, Restaurants, Fast-Food & Resorts USD 52.35 4.9 B 0.2% 67%   4% -65%
Yatra Online YTRA NASDAQ Services Travel e-Commerce USD 1.18 54 M -70.6% 101%   4% -87%