GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Web Travel Group Ltd (OTCPK:WEJTY) » Definitions » Policy Acquisition Expense

WEJTY (Web Travel Group) Policy Acquisition Expense


View and export this data going back to 2019. Start your Free Trial

What is Web Travel Group Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.


Web Travel Group Business Description

Traded in Other Exchanges
Address
509 St Kilda Road, Level 2, Melbourne, VIC, AUS, 3004
Web Travel Group acts as an intermediary for hotel accommodation inventory across Europe, Asia-Pacific, the Middle East, and Africa, as well as Americas. The group operates in the business to business, or B2B, segment. The B2B business, WebBeds, sits between hotels and wholesale/retail travel service providers. WebBeds is currently the world's second-largest B2B accommodation booking provider despite only a 4% market share of the fragmented AUD 70 billion global B2B accommodation market.