5 Travel Stocks Billionaires Are Loading Up On

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In this piece, we will take a look at five travel stocks billionaires are loading up on. If you want to find out more about the industry then check out 10 Travel Stocks Billionaires Are Loading Up On.

5. Trip.com Group Limited (NASDAQ:TCOM)

Number of Billionaire Investors: 7

Number of Hedge Fund Investors: 40

Trip.com Group Limited (NASDAQ:TCOM) is a Chinese company that provides the usual host of booking and reservation services. Its second quarter earnings report saw the firm grow revenue by 180% annually as it sounded confident that services like TikTok will be unable to catch up to travel agencies when it comes to the quality of services.

During Q2 2023, 40 out of the 910 hedge funds part of Insider Monkey’s database had held a stake in Trip.com Group Limited (NASDAQ:TCOM). Out of these, the firm’s biggest investor is Richard S. Pzena’s Pzena Investment Management since it owns 6.5 million shares that are worth $230 million.

Follow Trip.com Group Limited (NASDAQ:TCOM)


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