Comparing the current results to its competitors, Mondee Holdings Inc reported Revenue increase in the 2 quarter 2024 by 2.74 % year on year. The revenue growth was below Mondee Holdings Inc 's competitors' average revenue growth of 7.11 %, achieved in the same quarter.
Mondee Holdings Inc , despite income growth by most of its competitors recorded a net loss, despite income increase by most of its competitors of 7.58 %
Mondee Holdings Inc 's Comment on Competition and Industry Peers
Mondee is a North American airfare consolidator holding approximately 5% market share in the travel market. The company has expanded its content and distribution network through acquisitions and partnerships with airlines, hotel aggregators, car rental, and cruise companies. Mondee utilizes AI technology to target emerging travel segments, including travel experts, influencers, gig workers, and small and medium-sized enterprises (SMEs). Competitors include legacy travel management companies operating primarily outside North America, as well as corporate travel service providers such as Navan (formerly TripActions) and Egencia.
January 8, 2024
Morgan Stanley Expands Research Coverage on Mondee: Boosting Investor Confidence in the E-commerce GiantIn a move that demonstrates Mondee s standing as a key player in the e-commerce industry, five prominent investment banks have initiated research coverage on the company. Among them, Morgan Stanley has recently expanded its coverage on Mondee, further solidifying its position as a leading player in the global travel marketplace.Mondee, a trusted provider of innovative technology solutions and services in the travel industry, has been gaining significant attention from institutional investors. With this increased research coverage, investors are expected to gain greater insights into Mondee s financial perf...
Airbnb operates as an online marketplace that connects people looking to rent out their properties with travelers seeking accommodation. The company makes money by charging hosts a percentage fee on each booking and also charges guests additional service fees. Through their platform, Airbnb offers a wide range of lodging options, enabling individuals to monetize their extra space and providing travelers with unique and affordable accommodations worldwide.
Booking Holdings Inc operates as an online travel agency, connecting travelers with various accommodations, flights, rental cars, and other travel services. The company earns commission based revenue by charging partners a fee for each booking made through its platform, offering a wide range of options to individuals and businesses for their travel requirements. Their business model revolves around providing a convenient and easy-to-use platform that facilitates the booking process to meet the diverse needs of travelers worldwide.
Expedia Group Inc operates an online platform that allows users to book hotels, flights, car rentals, and other travel-related services, connecting travelers with hotels, airlines, and travel agents worldwide.
Sabre Corporation operates as a technology provider in the travel industry, offering software, data, mobile, and distribution solutions to airlines, hotels, travel agencies, and other travel-related companies to enhance their operational efficiency and improve customer experience. The company generates revenue by licensing its software and services, as well as through transaction-based fees from its global distribution system (GDS) and travel marketplace platforms.
Tripadvisor Inc is a travel platform that allows users to find, compare, and book various travel-related services such as accommodations, restaurants, attractions, and flights. The company generates revenue by advertising and monetizing the traffic on its website through commissions and fees from bookings made on its platform.
Sources:
Mondee Holdings Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
For your research, we’ve provided 10 tables on Mondee Holdings Inc versus competitors, including market share analysis.
You can find them in the navigation menu under Competition.
To download the tables, please subscribe.
Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.
