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We believe a growing middle class, hybrid work arrangements and technological advancements likely will keep the travel industry aloft.
Data from the Brookings Institution suggests that, by 2030, the global middle class will have grown to 5 billion, up from 2.2 billion at the start of the century.
We believe the combination of a growing middle class, evolving working arrangements and technological advancements presents potential opportunity for longer-term investors who can patiently withstand turbulent markets.