Web Travel Group Ltd (ASX:WEB) Shares Under Pressure: A Look at the Latest Update

Sonal Goyal

23 October 2026 02:45 PM AEDT

Web Travel Group Ltd (ASX:WEB) Shares Under Pressure: A Look at the Latest Update

Image Source: Shutterstock

You are reading a free article with opinions that may differ from the recommendation given by Kalkine in its paid research reports. Become a Kalkine member today to get access to our research reports, in-depth technical and fundamental research. Learn more

Start Your Free Trial Now!

Web Travel Group Ltd (ASX:WEB) shares were trading 1.59% lower at $3.405 during the 23 October 2026 session.
On 26 August 2026 the company upgraded 1H27 guidance, with underlying EBITDA now expected at $85 million to $89 million.
WebBeds 1H27 Revenue is now expected to rise 14-16% on 1H26.

Shares in Web Travel Group Ltd (ASX:WEB) were trading 1.59% lower at $3.405 during the Trading session on 23 October 2026. During the same session, the S&P/ASX 200 Consumer Discretionary index (XDJ) was up 1.77%, or 65.10 points, at 3,742.80 at 1:31 pm AEDT, the S&P/ASX 200 (XJO) was up 0.38% at 8,760.00 and the All Ordinaries was up 0.54% at 8,868.90. Web Travel Group is the parent of WebBeds, a business-to-business travel distribution business. The company released a trading update and upgraded guidance on 26 August 2026, and the share price movement on 23 October 2026 has not been linked to that update.

Latest development: 1H27 guidance upgrade (26 August 2026)

On 26 August 2026, Web Travel Group provided a trading update and upgraded guidance for the six months to 30 September 2026 (1H27). WebBeds 1H27 revenue in euros is now expected to be up 14% to 16% on 1H26, compared with earlier guidance of 11% to 15%. The TTV Margin is now expected to be at least 6.7%, previously about 6.7%, compared with 6.5% in 1H26.

Web Travel Group's 1H27 underlying EBITDA, including corporate costs, is now expected to be between $85 million and $89 million, compared with earlier guidance of $80 million to $86 million. The company also said WebBeds' 1H27 EBITDA growth in euros is expected to exceed revenue growth. In the release, 1H26 refers to the six months ended 30 September 2025, 1H27 to the six months ending 30 September 2026 and FY27 to the 12 months ending 31 March 2027.

Latest development: trading commentary

The company attributed the upgrade to increased velocity of bookings and improved margins in trading. It said growth in the Americas continues to be very high and that Europe, the Middle East and Africa, and Asia Pacific improved in the second quarter. It stated that 1H27 is on track to be the third consecutive six-month period in which TTV margins improved on the prior corresponding period. It also said that optimisation initiatives and investments made in FY26 are delivering Operating Leverage earlier than expected.

The company referred to further information on FY27 trading in its 2026 AGM Managing Director's presentation and said it expects to release its 1H27 results on 25 November 2026.

About Web Travel Group and what it does

Web Travel Group, through WebBeds, operates a global business-to-business marketplace that distributes hotel rooms and related travel products from suppliers to travel buyers such as travel agents, tour operators and online travel platforms. It reports total transaction value (TTV), the revenue earned as a margin on that value, and EBITDA. Its financial year ends on 31 March, and its first half covers the six months to 30 September.

Risks and catalysts on watch

Items that may be relevant include the fact that the guidance relates to a period that ended on 30 September 2026 but has yet to be reported, the reliance of results on booking volumes and TTV margins, and currency effects, since the guidance for WebBeds revenue is expressed in euros while the group reports in Australian dollars.

Items that may attract attention include the 1H27 results due on 25 November 2026, the trading information in the AGM presentation, the Americas growth rate and the performance of Europe, the Middle East and Africa, and Asia Pacific.

Closing perspective

Web Travel Group shares were lower on 23 October 2026 while the consumer discretionary index rose. The company's most recent update, dated 26 August 2026, raised its guidance for the six months to 30 September 2026. Future announcements will be released through the ASX.

Download Free Report – Explore 3 Stock Ideas & Industry Insights

Unlock 3 stock ideas and key industry insights in our free report. This information is general in nature and does not consider your personal objectives, financial situation, or needs. It is not financial advice.

All investments involve risk—consider independent advice before making any investment decisions.

View 3 Research Reports

Disclaimer:

This article (“Article”) has been prepared by Kalkine Pty Limited (ABN 34 154 808 312) (Australian financial services licence number 425376) (“Kalkine”) and its related bodies corporate who are authorised to provide general financial product advice. Kalkine.com.au and its associated pages are published by Kalkine.

Any information/advice provided in this article is general in nature and does not take into account your objectives, financial situation or needs. You should therefore consider whether the information is appropriate for your objectives, financial situation and needs before acting upon it.

There may be a Product Disclosure Statement, Information Memorandum or other offer document (“Offer Document”) for the securities or other financial products referred to in Kalkine articles. You should obtain a copy of the Offer Document and consider it before making any decision about whether to acquire the security or financial product.

Kalkine strongly recommends that you seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) before acting on any advice/information in this Article or on the Kalkine website. Not all investments are appropriate for all people.

The information in this Article and on Kalkine website has been prepared from a wide variety of sources, which Kalkine, to the best of its knowledge and belief, considers accurate. Kalkine has made every effort to ensure the reliability of the information contained in its articles (including this Article), newsletters and websites. All information represents our views at the date of publication and may change without notice.

The information in this Article does not constitute an offer to sell securities or other financial products or a solicitation of an offer to buy securities or other financial products.

Kalkine does not issue, sell or deal in any financial products.

This Article may contain information on past performance of particular investments. Please note past performance is neither an indicator nor a guarantee of future performance.

To the extent permitted by law, and excluding any dishonesty or gross negligence by Kalkine, Kalkine disclaims and excludes all liability for any direct, indirect, implied, punitive, special, incidental or other consequential loss or damage arising from the use of or reliance on this Article, the Kalkine website and any information published on the Kalkine website without any warranties or representations by Kalkine to you. To the extent the law prohibits or limits this exclusion, Kalkine limits its liability to the resupply of services.

Please also read our Terms & Conditions and Financial Services Guide for further information.

Employees and/or associates of Kalkine and its related entities may hold interests in the securities or other financial products covered in this Article or on the Kalkine website. Any such employees and associates are required to comply with certain safeguards, procedures and disclosures as required by law.

Some of the images/music that may be used in the Article are copyright to their respective owner(s). Kalkine does not claim ownership of any of the pictures displayed/music used in the Article unless stated otherwise. The images/music that may be used in the Article are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.

Kalkine Media Pty Ltd, an affiliate of Kalkine Pty Ltd, may have received, or be entitled to receive, financial consideration in connection with providing information about certain entity(s) covered on its website.