Summary
- 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.
For further details see:
Industry Tailwinds Support Travel