RE:RE:Any Comparables for Vertically Integrated Leisure Travel?LongRoad wrote: TUI group. TUI has an equity interest in Sunwing, as well. Thomas Cook group. Look at TRZ's earlier presentations.
Thanks for those. So reviewing five years of results for Thomas Cook and TUI, those businesses have stagnant revenue, very spotty earnings, and the ROA, ROE, and ROIC are all inconsistent. That suggests to me that - even at large scale - combining hotels and travel together may not do much to alleviate the tremendous volatility in results that has plagued Transat so far.
I think we should be able to get at least $14 CAD in the current cycle.