An interesting bit of information about Webjet tagged onto the end of the Wotif story in today's AFR.
There is a view that Webjet will benefit due to access to Expedia's hotel inventory. The market certainly seems to have changed its tune on WEB since reporting FY14. Momentum is now firmly to the upside, long may it continue. Web reaffirming it is achieving its acquisition targets in the next 1/2 yearly may well see it back above $4.
"Webjet is now focused increasingly on growing a business-to-business hotels segment targeted at travel agents. The company expects to benefit from Expedia’s takeover of Wotif because Webjet is an affiliate of Expedia and the deal should give it access to Wotif’s hotel inventory"
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