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Investors’ interest in the travel industry is evident in the ETFMG Travel Tech ETF’s (AWAY) 8.3% returns over the past three months. And, according to a survey by McKinsey, travel is the second most desired activity by its survey participants. Furthermore, on November 8, the United States ended a pandemic travel ban that had been in place for more than a year and a half.
Given this backdrop, we think it could be wise to scoop up quality travel-related stocks Expedia Group, Inc. (EXPE), Trivago N.V. (TRVG), and Travelzoo (TZOO) to capitalize on the industry’s recovery.
