There is a lot of focus on this forum on travel from Australia but from what I gather Webjet gets revenue from all over the world including Europe and middle east. If those regions started opening up travel within, there would be an uptick in accomodation demand. Although the revenue will be no where near international travel levels, I think that we could easliy get 30 - 50% of hotel bookings going in a few months time from locals in the region. This should provide further padding to WEBs liquidity position.
WEB Price at posting:
$3.07 Sentiment: Hold Disclosure: Held
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