Global travel company Webjet (ASX: WEB) is exploring a demerger with two of its companies expected to be listed on the ASX. The merger would separate its two travel divisions: WebBeds, the global bed banks business, and Webjet B2C, which includes Webjet OTA, GoSee, and Trip Ninja. If pursued and completed, the demerger will create
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Post-Covid travel coupled with increasing prices has created a bittersweet cocktail for online travel agency Webjet (ASX: WEB), which saw bookings rise but still remain lower than pre-Covid levels. Webjet’s international bookings grew even as it battled inflationary pressures and reduced discretionary spending. The Company’s international flights market share grew 24% compared to H1 FY23,
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If you’re planning a getaway after two years of staying put in your city, you’re not alone. Turns out, plenty of people are finally seeing through their travel plans as online travel agency Webjet (ASX: WEB) reports that travel bookings are at 95% of pre-pandemic levels in the first half of FY23. Webjet credits this
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With the opening of borders just around the corner, Aussies are keenly booking trips to see friends, family or just another city. With the uptick in bookings, the travel industry is slowly but surely snapping back to resemble its pre-COVID self. Travel booking behemoth Webjet (ASX: WEB) is glad to see demand growing again in
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