Although the travel industry seems to be back in business as the COVID-19 pandemic has subdued, many travel stocks could not ride the wave of pent-up travel demand. Hotel, airline, and cruise stock prices stay static or drop while traveler volumes and bookings rise.
On top of it, inflation is a major cause of concern for the industry, as it drives up prices and affects consumers’ willingness to spend on discretionary travel. Moreover, geopolitical instability and staffing challenges are the other headwinds.
