Home / Travel / Cantor Fitzgerald’s Outlook For The Online Travel Industry

Cantor Fitzgerald’s Outlook For The Online Travel Industry

With a Second Annual Internet and Technology Conference being hold in New York this week, Cantor Fitzgerald expelled a news summarizing a 2015 outlook for Internet stocks. The news enclosed analysts’ 2015 opinion for a online transport industry.

The Numbers

Analysts are forecasting clever expansion in a online transport space this year. While tellurian transport bookings are approaching to grow year-over-year by 5 percent overall, online transport bookings are approaching to grow during twice that rate for a year. According to a report, tellurian online transport bookings will transcend $500 billion in 2015 and comment for 45 percent of altogether transport bookings.

Analysts trust that a improving U.S. economy will lead to 9 percent year-over-year expansion in U.S. online transport bookings.

Mixed Global Bag

Analysts are not so bullish on a transport prospects for a rest of a globe. A clever U.S. dollar and a diseased European economy expected means a dump in European transport to a U.S. in 2015. Overall, analysts are presaging a 6 percent arise in online transport bookings in Europe in 2015, down from a 9 percent expansion rate in 2014.

However, other tools of a universe will expected collect adult Europe’s slack. Analysts envision that Asian-Pacific and Latin American online transport bookings will grow by 13 percent and 22 percent, respectively, this year.

The Rise Of Mobile

According to a report, a flourishing trend in a online transport space will continue to be mobile bookings in 2015. More than 20 percent of online bookings by Priceline Group Inc (NASDAQ: PCLN), Expedia Inc (NASDAQ: EXPE) and Orbitz Worldwide, Inc. (NYSE: OWW) now start around mobile devices. In addition, over half of TripAdvisor Inc’s (NASDAQ: TRIP) web trade now comes from mobile devices.

Posted-In: Cantor FitzgeraldAnalyst Color Long Ideas Travel Analyst Ratings Tech Trading Ideas General

Article source: http://www.benzinga.com/analyst-ratings/analyst-color/15/02/5266499/cantor-fitzgeralds-outlook-for-the-online-travel-industr

Scroll To Top