Travel demand is hot, but some prices may cool: These are the stocks for spring break and beyond

Portugal Notícia Notícia

Travel demand is hot, but some prices may cool: These are the stocks for spring break and beyond
Portugal Últimas Notícias,Portugal Manchetes

From airlines to hotels, corporate CEOs are touting strong demand. But there are some nuances to pay attention to before jumping into the sector.

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Even after months of soaring inflation, Americans are still packing their bags and taking trips. With the spring break season fast approaching, that is good news for travel companies. "Demand remains strong as passengers return to the skies and industry returns to the long-term trend to GDP, all while supply constraints continue," Delta Air Lines CEO Ed Bastian said on the company's fourth-quarter earnings call in January.

mountain CRUZ's year-to-date performance "The consumer is still spending, and they're spending more in services and experiences than they are in goods," Jablonski added. "The inflation is also there. So those companies are benefiting from having that pricing power and having the consumer that can actually spend." China's reopening from its Covid lockdown is also helping propel travel demand, as well as the tick up in business travel, she said.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

CNBC /  🏆 12. in PT
 

Portugal Últimas Notícias, Portugal Manchetes



Render Time: 2025-01-20 03:24:30