The travel industry is big business. That’s because there is no such thing as “travel season” anymore. Consumers can find occasions to scratch their travel itch at any time in any season and for almost any reason.
That’s why you should be considering travel stocks for your portfolio. One of the tried-and-true investing axioms is to “buy what you know.” You don’t have to know the intricacies of a balance sheet to note traffic patterns on airlines or in hotels. Your personal experience can tell you where consumer dollars are flowing.
And in recent years, that’s meant travel stocks.
That’s not likely to change in 2024, but it may be changing.
According to a report by Skift Research, the days of revenge travel may be ending. This could be due to tapped-out low—and middle-income consumers or the fact that many people have to return to the office on at least a part-time basis.
However, the consumer is only one part of this story. The travel industry is becoming more adept at crafting experiences that maximize consumer dollars and ensure they have an experience they’ll want to repeat.
For these reasons and more, it’s a good time to invest in travel stocks. This special presentation highlights seven travel stocks likely to show market-beating growth in the next 12 months.
With the 2024 election just weeks away, a new crisis is barrelling down on America… one that could cleave the financial world in two the moment the polls close. I predict they could see investment losses of 50% (or more) in the weeks following the presidential election.
