Industry ยท Oct 2026
Travel Services stocks ranked by gap to the model's fair value
Faircurve's model values 8 travel services stocks. 6 of them are ranked below by the gap between the model's fair value and the last close, as of 31 Oct 2026: 4 read as Undervalued, 2 as Fairly valued and 0 as Overvalued. The median gap across the ranked names is +16.0%. The widest gaps above the price are CCL (+34.4%), TRIP (+22.8%), BKNG (+16.4%). The widest below it are ABNB (-5.0%), TNL (+9.4%), EXPE (+15.5%).
Valuations as of . Prices are the closes of 3 Nov 2026. The gap is the model's fair value against the price: a positive gap means the fair value is above the price. It states what the model concluded, not where the price goes next.
The ranking
| Rank | Company | Last close | Model fair value | Gap | Model verdict | Quality score | Market value |
|---|---|---|---|---|---|---|---|
| 1 | CCL Carnival Corporation & plc | $29.20 | $39.25 | +34.4% | Undervalued | 36 | $38.8B |
| 2 | TRIP Tripadvisor, Inc. | $9.44 | $11.59 | +22.8% | Undervalued | 40 | $1.1B |
| 3 | BKNG Booking Holdings Inc. | $155.67 | $181.23 | +16.4% | Undervalued | 37 | $111.3B |
| 4 | EXPE Expedia Group, Inc. | $285.77 | $330.15 | +15.5% | Undervalued | 88 | $32.7B |
| 5 | TNL Travel + Leisure Co. | $75.40 | $82.46 | +9.4% | Fairly valued | 51 | $4.3B |
| 6 | ABNB Airbnb, Inc. | $166.96 | $158.65 | -5.0% | Fairly valued | 73 | $98.4B |
The Global Pulse
Faircurve's market note, in your inbox each market day
The Global Pulse is Faircurve's note after each US session: what moved, in plain words. No account needed.
Valued but not ranked
These 2 names are valued but not ranked, for one of four reasons: the model grades the evidence as low or has not graded it yet, the inputs are under review, the gap is wider than 60%, or the valuation is more than three weeks old. The numbers are shown for reference.
| Company | Last close | Model fair value | Gap | Why it is not ranked | Quality score | Market value |
|---|---|---|---|---|---|---|
| NCLH Norwegian Cruise Line Holdings Ltd. | $17.42 | $25.79 | +48.0% | Low evidence grade | 19 | $8.1B |
| RCL Royal Caribbean Cruises Ltd. | $313.17 | $321.63 | +2.7% | Low evidence grade | 43 | $82.2B |