Travel is back in business. Since the latter years of the Covid-19 pandemic, travel stocks to buy have sharply rebounded, boosting earnings and share price of many companies within the sector.
Memorial Day weekend signals the unofficial start of summer for most Americans. Meanwhile, on Wall Street, investors concentrate on travel stocks to buy.
Booking has sustainable long-term competitive advantages. The company is highly profitable and is delivering strong earnings growth. Its valuation is extremely attractive and the long-term price momentum is positive.
Dutch prosecutors are looking into a criminal complaint against Booking.com over its listing of rental properties in Israeli settlements, they said on Thursday.
As the world continues to embrace the joys of travel, post-pandemic, the industry is poised for sustained momentum throughout the rest of 2024. The post-pandemic “revenge travel” trend, which began in 2022, remains a significant driving force.
With the summer travel season upon us, some investors may wonder if now's a good time to check in with the many travel and leisure plays, some of which may be overdue to heat up. Indeed, the summer travel season could provide a much-needed boost, but any increase in travel demand will not magically cause various consumer-facing headwinds to disappear.
Booking Holdings Inc. (NASDAQ:BKNG ) JPMorgan Global Technology, Media and Communications Conference Call May 20, 2024 2:30 PM ET Company Participants Glenn Fogel - CEO Ewout Steenbergen - CFO Conference Call Participants Doug Anmuth - J.P. Morgan Doug Anmuth All right.
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