The travel industry was hit hard by the pandemic, but as the world reopened, there is potential for a strong recovery. While travel spending has somewhat plateaued, it remains in positive territory and was 4% above 2019 levels in March.
In the current market scenario, it could be wise to invest in promising travel stocks Marriott International, Inc. (MAR), InterContinental Hotels Group PLC (IHG), and Playa Hotels & Resorts N.V. (PLYA) and examine their fundamentals to see if they are worth a shot.
