Serko (ASX:SKO) share price on watch after trading update

The Serko Ltd (ASX: SKO) share price will be on watch on Thursday after the release of an update this morning.

What did Serko announce?

This morning the online travel booking and expense management software provider released an update on current trading conditions.

According to the release, the company has been experiencing a gradual improvement in booking volumes following the easing of border restrictions in Australia over the last few weeks.

Serko’s CEO, Darrin Grafton, commented: “Transaction volumes increased to 44% of prior year volumes for the month of November (up from 35% of prior year volumes for the month of October). The past week has seen some daily transaction rates around 50% of prior year…