The post-pandemic urge to travel remains robust, which should drive continued growth this summer and beyond. Moreover, China’s lifting of travel restrictions is a significant tailwind for the travel industry, with the nation contributing the most to outbound travel. However, given the possibility of a looming recession, not all travel companies might stay afloat.
Hence, it could be wise to add quality travel stock, Travel + Leisure Co. (TNL), to your watchlist. Conversely, it seems wise to steer clear of fundamentally weak travel stocks Sonder Holdings Inc. (SOND) and Hall of Fame Resort & Entertainment Company (HOFV). Let’s understand this in detail.
