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The hospitality sector is anticipating a strong rebound in 2025, which could present compelling opportunities for investors. As global travel restrictions caused by disease and geopolitical tension continue to ease and pent-up demand for leisure and business travel surges, the sector is anticipating healthy growth.
Though a less-dovish Fed for 2025 may slightly dampen moods on Wall Street, a moderate Santa Claus Rally seems likely this year.
For investors seeking momentum, ETFMG Travel Tech ETF AWAY is probably on the radar. The fund just hit a 52-week high and is up 31% from its 52-week low of $17.13 per share.
Summer is halfway over, and travel demand remains high. TSA data points to a 2024 summer season that has so far been more active than 2023 and even prepandemic in 2019.
Hello! This is MarketWatch reporter Isabel Wang bringing you this week's ETF Wrap. In this edition, we look at single-stock ETFs, which are having a moment in 2024 as Nvidia's stock has seen an extraordinary rally.
Moderating inflation levels, rising expectations of the Fed cutting interest rates three times in 2024, projections for an increase in international travel and an uptick in global passenger traffic surpassing the pre-pandemic levels paint a favorable picture for the tourism industry.
Amplify Travel Tech ETF AWAY is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 38.39% from its 52-week low price of $14.95/share.
With warmer days just around the corner, investors may want to look at some of the top stocks for Spring. For example, college kids all over the U.S. are going on Spring Break.
The travel industry is warming up for a year of recovery and growth, with a strong emphasis on sustainability and technological innovation.
The ongoing holiday season appears to be one of the best ones for transportation companies.
FAQ
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