Travel stocks are hot. But it's not all smooth sailing - News Summed Up

Travel stocks are hot. But it's not all smooth sailing


London (CNN Business) Summer 2022 will be huge for travel, as people in the United States and Europe dig out their swimsuits and happily set off on long-postponed vacations. And Trivago is confident enough in the business climate to start ramping up spending on TV ads again. Investor insight: Travel stocks haven't been immune to the recent market tantrum. 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 20:52 UTC



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