4 Charts Showing the Massive Global Travel Opportunity: Courtesy of Trip.com IPO Filing
Skift Take
As many private equity and other investors will tell you, massive opportunities remain in the travel industry over the long term. The travel market will undeniably look very different in 2025 than it does today. But if you believe Trip.com's projections, boom times are ahead for many companies.
Covid-19 be damned. Trip.com Group, which filed for an initial public offering and a secondary stock market listing in Hong Kong, detailed in several charts what it views as "a massive travel market opportunity" globally through 2025.
For anyone thinking that the novel coronavirus is a harbinger of a hopelessly decimated global travel industry over the long term, these Trip.com projections provide a counter narrative.
Sure, the message is geared toward enticing investors to buy shares, and the global numbers come through the prism of a travel company in China, where coronavirus has been handled to a a large extent, but the charts in Trip.com Group's financial filing Tuesday in connection with the proposed Hong Kong listing are illuminating. The company's primary listing would remain in New York on Nasdaq.
Massive Travel Market Opportunity 2017-2025
While the pre-Covid global travel market's compo
