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Morgan Stanley: Amazon can disrupt online travel

collected by :phillip rony

Morgan Stanley said Amazon (AMZN +1.3% ) can take on the travel industry.
Analyst Brian Nowak: “Online travel has proven immune to Amazon disruption so far.
But as we have seen by other categories, which does not mean Amazon won’t have a try again, & they should.
The analyst thinks Amazon can make $600M in profits per year if it built an online business half Expedia’s size.
Travel stocks which can move on the news: Expedia (EXPE +1.1% ), Tripadvisor (TRIP +0.8% ), Booking Holdings (BKNG +1.1% ).

Amazon can disrupt online travel industry next, Morgan Stanley says

The net travel business is a major business opportunity for Amazon, according to 1 highest Wall Street firm.
Morgan Stanley reiterated its overweight rating for Amazon shares, saying the e-commerce giant could generate significant profits from the travel sector.
“Our rough ad efficiency test (ad spend/transaction) speaks to Amazon’s ability to drive repeat/direct traffic…as its estimated $0.75 ad spend/transaction is a fraction of what Booking/Expedia spend,” he wrote.
The analyst reiterated his $1,500 value target for Amazon shares, representing slight downside to Thursday’s close.
Amazon shares rose 0.9 percent Friday.

Amazon could disrupt online travel industry next, Morgan Stanley says

as mentioned in I am suffering from a strange latest Millennial affliction.
Selfies have become an confusing practice from my near-youth, along by wearing also much kohl & advocating red-hot socialism.
Reports have emerged which reclaimed wood is on its method out & the men of Shoreditch are shaving off their hipster beards.
This is a decrease for people such as me, however a trouble if you work in tourism.
According to interior software company, Modsy, this boils down to a slicker, further glamorous look (expensive looking vintage rather than tatty Millennial kitsch; bold pops of colour; slick design pieces such as Barcelona chairs).

We are witnessing the death of the millennial hipster – & it can cost the travel industry dear

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collected by :phillip rony Sorry, this zipcode isn’t in our deliverable ambit for this membership …