5 best travel stocks to watch out for on Omicron Optimism | national

Are these the best travel stocks to buy right now?

With the impact of the pandemic fading, travel stocks seem to be attracting attention in the stock market. After all, the United States eased its travel restrictions for international travelers last month, with vaccinated travelers now allowed into the country. While there are concerns about the Omicron variant, White House chief medical adviser Dr Anthony Fauci said early reports on the variant were encouraging. And President Joe Biden said last week that there would be no new travel restrictions in light of the discovery of the new variant.

All of this is encouraging for travel stocks. For example, shares of airlines like Boeing (NYSE: BA) could see renewed investor interest. Earlier this month, Chinese authorities issued an airworthiness directive on the Boeing 737 MAX. The directive means that the model finally returns to Chinese airspace after around 2.5 years. Elsewhere, travel reservation platform Expedia Group‘s (NASDAQ: EXPE) the stock has risen by more than 25% this year as travel restrictions ease. As the world continues to open, would you keep an eye on these top travel stocks in the world? stock Exchange today?

Best travel stocks to watch in December 2021

Reserve assets

Reserve assets has travel booking platforms Booking.com, Priceline.com and Agoda.com. Despite the ongoing pandemic, the company is on a roll. An acquisition role, that is to say. In November, Booking bought Getaroom for $ 1.2 billion in an attempt to expand its partnerships. The company then entered into an agreement with funds managed by CVC Capital Partners to acquire Etraveli Group. The acquisition of the global flight reservation provider will cost Booking around $ 1.83 billion. Could acquisitions make BKNG stock more attractive to investors?

But there is more. Last week, Booking affiliate Kayak became the main investor in $ 60 million backing for hotel company Life House. Besides, his fiscal third quarter income doesn’t look too bad either. The company reported total revenue of $ 4.7 billion for the most recent quarter, an increase of 77% year-over-year. With its expansion within the industry, would you add BKNG stocks to your portfolio?

Source: TD Ameritrade CGU

Royal Caribbean

The navigation was not easy for the Royal Caribbean Group and other cruise lines during the pandemic. At the height of the pandemic, the entire cruise industry was shut down as many feared transmissions in confined spaces. Still, the world’s second-largest cruise line weathered the storm. Last week, the company celebrated the first anniversary of resuming operations after the pandemic hiatus.

Royal Caribbean, in its latest quarterly results, said more than 500,000 guests have sailed with the company since the takeover. And it expects to welcome over a million guests by the end of 2021. In addition, its CEO Richard Fain said the company has received historically strong bookings for the summer of 2022. With the news that the Omicron variant might not be as harsh as you first thought, Could the RCL stock be a viable travel stock for your watchlist?

RCL stock chart
Source: TD Ameritrade CGU

Marriott International

Marriott International has been around for nearly a century, but the now multinational company is still a major player in the hotel industry. Like others in the travel industry, Marriott has been hit hard during the pandemic. But CEO Anthony Capuano expects a sequential quarter-over-quarter improvement in global revenue per available room (RevPAR) this quarter compared to 2019. In the third quarter of 2021, Marriott reported a decline of 26% of worldwide RevPAR compared to same period in 2019. This is a significant improvement over the second quarter RevPAR decline of 44% compared to same quarter in 2019. Could this be a good sign for stock MAR?

Despite the ongoing pandemic, Marriott sees no signs of slowing down. This week, the company signed an agreement with Sela Sport Company to develop two new luxury hotels in Saudi Arabia. Last month, the Melbourne Marriott Hotel Docklands welcomed its first guests. The hotel became the first international five-star hotel in the Melbourne Harbor suburb. And the company is expanding rapidly in China, targeting the local market. For example, its millennium-focused Moxy brand is slated to debut in Suzhou in 2022. On that note, could MAR stock be one of the best travel stocks to watch on the stock exchange?

MAR action
Source: TD Ameritrade CGU

American Airlines

Like other airlines, American Airlines has not been immune to the impact of the pandemic. Still, its third quarter results are promising as leisure travel picks up. It reported $ 9 billion in revenue for the quarter, up 20% sequentially from the second quarter of 2021. Additionally, the airline continues to expect strong demand during peak periods. of the fourth trimester. For this period, the airline expects more than 6,000 peak day departures.

American Airlines, through its Northeast Alliance with JetBlue Airways (NASDAQ: JBLU), managed to add new international services this year. The airline now offers services from John F. Kennedy International Airport (JFK) New York to Tel Aviv, Israel, and JFK to Athens, Greece. Its new route was launched in November between JFK and Delhi in India. As leisure travel is gradually becoming essential again, would you be watching AAL action?

AAL actions
Source: TD Ameritrade CGU

Airbnb

Unlike the many hosting platforms of Booking Holdings, Airbnb markets its platform as part of the sharing economy. Travelers personally contact hosts, and sometimes travelers rent a room in a house in which the host is staying. Like many in the travel industry, Airbnb’s third quarter results show that with the easing of restrictions, comes the recovery. It reported revenue of $ 2.24 billion in the quarter, up 67% year-on-year. The company also reported that 79.7 million nights and experiences were booked in the third quarter, a 29% year-over-year increase.

Could the new Omicron variant derail Airbnb’s takeover? Some predict that Airbnb’s solid growth and improved profitability will cushion the impact of the new variant. Airbnb’s inventory, which contains entire units that can be rented, is also likely to be more suited for social distancing. With that in mind, would you buy ABNB shares?

ABNB actions
Source: TD Ameritrade CGU


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