But the companies still had to cover interest payments and general maintenance costs for their vessels. Most cruise ships were totally offline for several quarters. The Cruise Line Rebound is UnderwayĬruse ship operators had an especially difficult time during the pandemic. ![]() And I expect this stock to continue higher as summer travel picks up. A short-term pullback sets up a great buying opportunity. Shares of WYNN had a great run from October through March. Wynn’s locations in Macau (known as the “Las Vegas of Asia”) should do very well this summer now that China has relaxed its “zero covid” policy and begun reopening its economy. Each resort typically includes hotel rooms, high-end restaurants, luxury retail shops and a casino floor. The company operates luxury resorts around the world. One of my favorite high-end travel stocks is Wynn Resorts (WYNN). Which means luxury destinations will continue to attract high-end customers leading to lucrative profits. High End Resorts are Full!ĭespite challenges in the overall economy, affluent travelers still have pent up savings. Let’s take a look at three of the top travel names on my list right now. ![]() And this sets up some great opportunities for you to profit from some of the market’s best travel stocks. And a recent research report from AAA indicated a 72% increase in international travel compared to pre-pandemic levels.įamilies are heading out for casual day trips, luxurious international vacations and just about every kind of trip in between. ![]() Recent TSA data showed record numbers of passengers traveling through U.S. And in a few short days the family will head to the beach!Īround the country, families like yours and mine are packing suitcases, booking airline tickets and hotel rooms, and heading out for some summer fun.The sun is shining and temperatures are rising….The kids are finally out of school for the summer….As I write this note, I can feel the anticipation building outside my home office.
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