Even though the resurgence of COVID-19 cases hinders the travel industry’s growth, travel demand has been rising rapidly as more people are getting vaccinated. Expedia (NASDAQ:) and Trip.com (TCOM) are two such companies that should benefit from the industry’s recovery. Which stock is better to buy right now? Learn more. Expedia Group, Inc., or EXPE, operates globally as an international online travel company. The company’s segments include Retail, B2B (NASDAQ:), and Trivago (NASDAQ.). The company’s brands include Brand Expedia and Hotels.com as well as Vrbo and CarRentals.com. Trip.com Group Limited, based in Shanghai, operates as a global travel agency that provides accommodation reservations, travel ticketing, packages tours, corporate travel management and other related services.

To limit spread of highly transmissible coronavirus, governments around the world are imposing travel restrictions and lockdowns. But, travel businesses have experienced solid leisure and business travel demand. Travel companies will see an increase in demand as people become more vaccinated. Technavio’s report states that travel will grow at a 13.9% CAGR between 2021-2026. TCOM and EXPE should both benefit.

EXPE has seen 12.2% growth over the last three month, while TCOM’s returns have been negative. Moreover, EXPE is the clear winner with 26.1% gains versus TCOM’s negative returns in terms of the past year’s performance.

Continue reading on StockNews