RBC Downgrades Expedia On Rising Competitive Risk For Online Travel Agency
RBC Downgrades Expedia On Rising Competitive Risk For Online Travel Agency
Proprietary surveys suggest a slow recovery in online travel and share losses for Expedia Group Inc (NASDAQ:EXPE) amid rising competition, according to RBC Capital Markets.
專有調查顯示，在線旅遊復甦緩慢，Expedia Group Inc.(納斯達克：費用)根據加拿大皇家銀行資本市場(RBC Capital Markets)的數據，在競爭日益激烈的情況下。
The Expedia Analyst: Mark Mahaney downgraded Expedia from Outperform to Sector Perform with an unchanged $93 price target.
Expedia分析師：馬克·馬哈尼(Mark Mahaney)將Expedia的評級從表現優異下調至行業表現，目標價保持不變，為93美元。
The Expedia Takeaways: RBC’s annual U.S. survey and annual U.K. online travel survey suggest that Expedia’s gross bookings are unlikely to return to 2019 levels before 2022, Mahaney said in a downgrade note.
Expedia外賣：馬哈尼在一份降級報告中表示，加拿大皇家銀行在美國的年度調查和英國的年度在線旅遊調查表明，Expedia的總預訂量不太可能在2022年之前恢復到2019年的水平。
“Brand Expedia has historically been the #1 most popular destination for planning travel in the U.S., per our survey results dating back to 2015, but this year it dropped to #3 falling behind Airbnb and Google,” the analyst said.
這位分析師説：“根據我們2015年的調查結果，Expedia品牌歷來是美國最受歡迎的旅遊目的地，但今年跌至第三位，落後於Airbnb和谷歌。”
“Looking at the multi-year trends of our U.S. survey, Expedia has slipped in terms of Best Selection, Ease of Use and Best Prices, while Booking.com reached record-high levels across all three metrics.”
“從我們美國調查的多年趨勢來看，Expedia在最佳選擇、易用性和最佳價格方面有所下滑，而Booking.com在所有三個指標上都達到了創紀錄的水平。”
Referring to the competitive landscape for Expedia, Mahaney said that while Booking Holdings Inc (NASDAQ:BKNG) is gaining market share in the U.S., Airbnb has become the “most popular destination for travel planning and booking in the U.S.”
在談到Expedia的競爭格局時，馬哈尼表示，雖然Booking Holdings Inc.(納斯達克：BKNG)在美國獲得越來越多的市場份額，Airbnb已經成為“美國最受歡迎的旅行計劃和預訂目的地”。
EXPE Price Action: Shares of Expedia were trading 1.25% higher at $94.74 at the time of publication Monday.
Exe價格操作：截至週一發稿時，Expedia的股價上漲1.25%，至94.74美元。
譯文內容由第三人軟體翻譯。