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home / news releases / BKNG - Trip.Com Could Spike Up As Travelers Are Free Again

BKNG - Trip.Com Could Spike Up As Travelers Are Free Again

Booking Holdings Inc.
  • Trip.com offers a suite of travel products in China and abroad.
  • As vaccination increases, the consumption in flights could spike up.
  • Trip.com could see 2022 sales growth of more than 52% y/y.
  • I believe that the company has sufficient cash in hand to launch marketing campaigns from 2021 and 2022.
  • With 2023 EBITDA of $1.85 billion, I get an EV/EBITDA ratio of 11x.

For further details see:

Trip.Com Could Spike Up As Travelers Are Free Again
Stock Information
Company Name: Booking Holdings Inc.
Stock Symbol: BKNG
Market: NASDAQ
Website: bookingholdings.com
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