The Web Travel Group Ltd (ASX: WEB) share price jumped almost 9% in response to the ASX travel share’s FY26 update.
Web Travel is the owner of WebBeds, which works with hotel chains, independent hotels and third-party providers globally. It describes itself as a global business to business (B2B) travel marketplace servicing the travel trade.
At its 2025 annual general meeting (AGM) for shareholders, it said the addressable market is around $96 billion and it had a market share of around 3,3%. At the time, it said it’s targeting $10 billion of total transaction value (TTV) by FY30, with an EBITDA (EBITDA explained) margin of around 50%.
FY26 update
The company told investors how its WebBeds business performed for the six months to 30 September 2025.
It reported that HY26 bookings came to 5.07 million, up 18% year on year from the 4.3 million in HY25. This compares to guidance of growth of ‘mid to high teens’ at the AGM.
The HY26 TTV has also jumped to $3.17 billion, rising by 22% year on year, up from $2.59 billion in HY25. This compares to guidance of at least $3.1 billion at the AGM.
Web Travel Group said its FY26 TTV margin is on track to be at least 6.5%, compared to 6.7% in FY25. The HY26 TTV margin is expected to be between 6.2% to 6.4%, reflecting the sale of the DMC business in March 2025, which accounted for around 0.2% of the 6.6% TTV margin in HY25), as well as portfolio mix changes.
The company also said it’s targeting record EBITDA in the 2026 financial year.
Regional breakdown
The business reported how each region performed in the first six months of HY26. The Americas saw TTV growth of 27%, compared to guidance of mid 20% given at the AGM.
Europe delivered TTV growth of 12%, compared to AGM guidance of the low teens.
Asia Pacific achieved 12% TTV growth, compared to guidance of low teens.
The Middle East and Africa (MEA) saw a flat TTV performance, with flat growth expected from the AGM guidance.
Final thoughts on the Web Travel Group share price
Clearly, the business is delivering pleasing growth and it may be able to continue to deliver on its targets for investors.
If it can reach its FY30 goals for TTV and the EBITDA margin, it could definitely be one to watch from here.
For now, there are other ASX growth shares I’m focused on.
