Here’s the top news this week affecting my positions in Singapore O&G, iFAST and TripAdvisor. TripAdvisor vs Booking: Booking.com will terminate existing contracts with attractions and tours and will create an experiences partnership with TUI’s Musement instead. Booking.com users will eventually be directed to Musement’s experiences.  Building an experiences business is clearly not easy when you are a late mover like Booking.com or Musement. Musement offers 70,000 tours and attractions which are mostly focused on European attractions while TripAdvisor is 5x larger and offers 395,000 bookable experiences globally. Experiences is a huge market – most bookings are done offline (via the phone or on-site) so there should be room for more than one winner in this market.  Link  Tourism recovery during Covid-19:  “Two in five (41%) consumers are optimistic that they will take the same or more trips than last year” according to a TripAdvisor paper. The paper also indicated growing interest in domestic trips...