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StockNews.com
StockNews.com
Business
Aanchal Sugandh

Sell the Cruises, Buy This Travel Stock Instead

PLYA CCL NCLH Cruises Carnival Corporation plc Norwegian Cruise Line Holdings Ltd Pandemic

The travel industry made a remarkable comeback in 2022 following the adverse impact of the COVID-19 pandemic. Despite prevailing macroeconomic headwinds, travel industry growth is expected to remain robust this year due to continued pent-up travel demand.

While fundamentally weak cruise stocks Carnival Corporation & plc (CCL) and Norwegian Cruise Line Holdings Ltd. (NCLH) might be best avoided now, investors could consider buying quality travel stock Playa Hotels & Resorts N.V. (PLYA) to capitalize on the industry’s tailwinds.

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