Web Travel Group Ltd
WEB
Company Profile
Business description
Web Travel Group provides online accommodation bookings across Europe, Asia-Pacific, the Middle East, and Africa, as well as Americas. The group operates in the business to business, or B2B, segment. The B2B business, WebBeds, acts as an intermediary between hotels and wholesale/retail travel service providers. WebBeds is currently the world’s second largest B2B accommodation booking provider despite only a 4% market share of the fragmented AUD 70 billion global B2B accommodation market.
Contact
509 St Kilda Road
Level 2
MelbourneVIC3004
AUST: +61 398289500
Sector
Consumer Cyclical
Stock type
Cyclical
Industry
Travel Services
Fiscal Year End
31 March 2025
Employees
772
Morningstar Investment Ideas
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