Wotif.com Holdings

'Internet portal businesses’, such as REA Group or Carsales.com, can be phenomenally successful investments. These businesses require little capital, and can often build unbreachable moats, leading to swiftly growing profits. Wotif.com, owner of travel websites wotif.com, lastminute.com.au, travel.com.au, is no exception. It has built an enviable business, with around 10% of all Australian hotel bookings transacted through Wotif’s network. Still, unlike the real estate and car sales markets, well financed competitors exist. There are rival international companies, such as Expedia and Hotel.com, hotel chains, airlines and local compeditors such as Webjet which are all fighting for market share. Wotif,...

'Internet portal businesses’, such as REA Group or Carsales.com, can be phenomenally successful investments. These businesses require little capital, and can often build unbreachable moats, leading to swiftly growing profits. Wotif.com, owner of travel websites wotif.com, lastminute.com.au, travel.com.au, is no exception. It has built an enviable business, with around 10% of all Australian hotel bookings transacted through Wotif’s network.

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