3 Stocks to Ride the Travel Rebound

These companies are best positioned to benefit from increased demand for summer vacations, and a return of travelling activity to normal levels.

Vikram Barhat 16 June, 2021 | 3:32AM
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British Airways Plane

Things are looking up in the travel sector as the light at the end of the pandemic tunnel becomes brighter. Recent studies both in the U.S. and Canada show homebound consumers can’t wait to get away from a life of pandemic-induced monotony.

A sharp pick up in cross-border travel is expected as soon as international travel restrictions are lifted and popular vacation destinations open their doors. This gives battered global travel and tourism sector, bruised by a loss of nearly US$4.5 trillion, hope that a season of bumper earnings may be around the corner.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Booking Holdings Inc2,538.34 USD1.69Rating
Expedia Group Inc171.99 USD1.84Rating
Sabre Corp12.28 USD1.57Rating

About Author

Vikram Barhat

Vikram Barhat  Vikram Barhat is a Toronto-based financial writer specializing in investing, stock markets, personal finance and other areas of the financial services industry. He also writes for CNBC, BBC, The Globe and Mail, and Toronto Star.

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