Investor insight: Travel stocks haven’t been immune to the recent market tantrum. Yet despite a newfound optimism, the travel sector isn’t entirely over the hump. “That means people are overall more cost-conscious.”He doesn’t expect rising prices to really eat into travel demand until next year, however. And Hefer emphasized that companies like Trivago, a platform that focuses on cost comparisons, could actually benefit from increased thriftiness. Further ahead: While travel companies gear up for a red-hot summer, it’s harder to paint a picture of the fall and winter seasons given the possibility of a seasonal surge in Covid infections.
Source: CNN May 09, 2022 20:09 UTC