The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AERCAP HOLDINGS NV SHS N00985106 9,667 192,263 SH   SOLE N/A 192,263 0 0
ALASKA AIR GROUP INC COM 011659109 93,042 1,603,900 SH   SOLE N/A 1,603,900 0 0
ALLEGIANT TRAVEL CO COM 01748X102 64,956 400,000 SH   SOLE N/A 400,000 0 0
ALPHABET INC CAP STK CL A 02079K305 33,292 11,920 SH   SOLE N/A 11,920 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 55,298 3,030,000 SH   SOLE N/A 3,030,000 0 0
AMERICAN EXPRESS CO COM 025816109 46,750 250,000 SH   SOLE N/A 250,000 0 0
APOLLO STRATEGIC GROWTH CAPT SHS CL A G0411R106 11,054 1,111,000 SH   SOLE N/A 1,111,000 0 0
APPLE HOSPITALITY REIT INC COM NEW 03784Y200 50,237 2,795,631 SH   SOLE N/A 2,795,631 0 0
AVIDXCHANGE HOLDINGS INC COM 05368X102 11,673 1,450,000 SH   SOLE N/A 1,450,000 0 0
BALLYS CORPORATION COM 05875B106 55,296 1,798,819 SH   SOLE N/A 1,798,819 0 0
BLOCK INC CL A 852234103 719 5,300 SH   SOLE N/A 5,300 0 0
BOOKING HOLDINGS INC COM 09857L108 402,440 171,364 SH   SOLE N/A 171,364 0 0
CARGURUS INC COM CL A 141788109 122,742 2,890,767 SH   SOLE N/A 2,890,767 0 0
CHEGG INC COM 163092109 726 20,000 SH   SOLE N/A 20,000 0 0
CONTROLADORA VUELA COMP DE A SPON ADR RP 10 21240E105 27,285 1,500,000 SH   SOLE N/A 1,500,000 0 0
COPA HOLDINGS SA CL A P31076105 795 9,500 SH   SOLE N/A 9,500 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 118,710 3,000,000 SH   SOLE N/A 3,000,000 0 0
DISCOVER FINL SVCS COM 254709108 12,756 115,761 SH   SOLE N/A 115,761 0 0
EXPEDIA GROUP INC COM NEW 30212P303 802,247 4,100,000 SH   SOLE N/A 4,100,000 0 0
FRONTIER GROUP HLDGS INC COM 35909R108 32,947 2,907,948 SH   SOLE N/A 2,907,948 0 0
GRAB HOLDINGS LIMITED CLASS A ORD G4124C109 8,750 2,500,000 SH   SOLE N/A 2,500,000 0 0
GREEN DOT CORP CL A 39304D102 13,740 500,000 SH   SOLE N/A 500,000 0 0
HYATT HOTELS CORP COM CL A 448579102 2,291 24,000 SH   SOLE N/A 24,000 0 0
JETBLUE AWYS CORP COM 477143101 30,648 2,050,000 SH   SOLE N/A 2,050,000 0 0
LENDINGTREE INC NEW COM 52603B107 7,575 63,300 SH   SOLE N/A 63,300 0 0
MASTERCARD INCORPORATED CL A 57636Q104 10,721 30,000 SH   SOLE N/A 30,000 0 0
META PLATFORMS INC CL A 30303M102 118,963 535,000 SH   SOLE N/A 535,000 0 0
PAYPAL HLDGS INC COM 70450Y103 11,565 100,000 SH   SOLE N/A 100,000 0 0
SABRE CORP COM 78573M104 139,024 12,163,107 SH   SOLE N/A 12,163,107 0 0
SCHWAB CHARLES CORP COM 808513105 84,310 1,000,000 SH   SOLE N/A 1,000,000 0 0
SOUTHWEST AIRLS CO COM 844741108 158,212 3,454,404 SH   SOLE N/A 3,454,404 0 0
SPIRIT AIRLS INC COM 848577102 89,312 4,083,763 SH   SOLE N/A 4,083,763 0 0
STATE STR CORP COM 857477103 39,204 450,000 SH   SOLE N/A 450,000 0 0
SUN CTRY AIRLS HLDGS INC COM 866683105 57,405 2,192,712 SH   SOLE N/A 2,192,712 0 0
SYNCHRONY FINANCIAL COM 87165B103 268,037 7,700,000 SH   SOLE N/A 7,700,000 0 0
TRIPADVISOR INC COM 896945201 319,594 11,784,438 SH   SOLE N/A 11,784,438 0 0
TRIVAGO N V SPON ADS A SHS 89686D105 52,123 22,085,827 SH   SOLE N/A 22,085,827 0 0
TRUECAR INC COM 89785L107 32,221 8,157,142 SH   SOLE N/A 8,157,142 0 0
TRUIST FINL CORP COM 89832Q109 9,923 175,000 SH   SOLE N/A 175,000 0 0
UBER TECHNOLOGIES INC COM 90353T100 279,065 7,821,339 SH   SOLE N/A 7,821,339 0 0
UNITED AIRLS HLDGS INC COM 910047109 143,716 3,100,000 SH   SOLE N/A 3,100,000 0 0
VACASA INC CLASS A COM 91854V107 23,219 2,807,567 SH   SOLE N/A 2,807,567 0 0
VIRGIN GROUP ACQUISIT CORP I *W EXP 03/13/202 G9460K128 13 34,613 SH   SOLE N/A 34,613 0 0
VIRGIN GROUP ACQUISIT CORP I SHS CL A G9460K102 3,944 400,000 SH   SOLE N/A 400,000 0 0
WEBSTER FINL CORP COM 947890109 16,836 300,000 SH   SOLE N/A 300,000 0 0
WEX INC COM 96208T104 304,273 1,705,090 SH   SOLE N/A 1,705,090 0 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105 7,199 85,000 SH   SOLE N/A 85,000 0 0