As the pandemic is slowly turning into an endemic, leisure and travel stocks have flied higher.
Delta Air Lines (DAL) injected optimism into the travel space stating that consumers will continue flying this year despite higher fares.
Bets that the new COVID-19 variant Omicron may cause milder illness than previously feared, renewed confidence in consumer and travel demand.
A higher number of Americans are gearing up for Thanksgiving travel by road or air this time encouraged by a wider reach of vaccinations, lifting of pandemic restrictions and increasing consumer confidence....
While Thanksgiving dinner is costlier this year, thanksgiving travel will likely gain speed. These ETFs should benefit of this trend.
The solid trend in travel and tourism ETFs are likely to continue heading into the holiday season given the reopening of domestic and international borders for traveling.