The travel industry is making a comeback from COVID-19. Stock prices are going along for the ride.
Consumers have turned to the skies after the pandemic essentially shut down the travel industry. Shares of travel-focused companies are among the early winners of 2023. United Airlines Holdings Inc and american airlines group Inc. have improved by 39% and 34% respectively. cruise operator CARNIVAL Corp and Royal Caribbean Group 49% and 40% are up. Expedia Group Inc. has soared 39%. Caesar Entertainment Inc advanced 29%, while Marriott International Inc. is up 18%.