In November, the Leisure-Travel Booking sector provided the best gains among industries, as a result of strong performances by HomeAway (AWAY) and Priceline (PCLN), according to Investor’s Business Daily.
With recovery trends in global travel, online channels seized a larger share of travel bookings worldwide.
Bets on the vacation rental industry are paying off as HomeAway reported a 23% gain in November, while Priceline’s Booking.com has increased its hotel and differentiated accommodations supply by 45%.
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