JRNY - Travel ETFs: Riding The Wave Of Consumer Demand
2024-07-18 12:50:00 ET
Summary
- TSA data points to a 2024 summer season that has so far been more active than 2023 and even prepandemic in 2019.
- While performance for travel ETFs has been positive YTD, it has been relatively low across the board.
- The travel sector could have the opportunity to capture long-term consumer demand.
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. TSA passenger volumes show us consumers are still willing to spend on travel. And if they’re spending on airlines, they are likely to spend on hotels, rental cars, theme parks, restaurants, and other entertainment service areas....
Travel ETFs: Riding The Wave Of Consumer Demand