One Year On... How Have Travel Stocks Weathered the COVID Storm?
Reflecting on the journey since the WHO declared COVID-19 a pandemic, North Ridge Partners revisits the travel sector's remarkable recovery. Initially, travel stocks plummeted nearly 60%, but the sector has rebounded significantly with the NRP travel index up 104% from March 2020 levels, highlighting the enduring demand for travel.
The recovery varies across subsectors. Domestic travel and leisure markets have led the rebound, driven by large domestic markets and early vaccine successes. Online travel agencies, hotels, and regionally focused airlines saw swift recoveries, while international travel sectors like global airlines and cruises recovered more slowly, with vaccines playing a crucial role.
For detailed insights into the travel sector's recovery and future opportunities, download the full article. Discover why North Ridge Partners remains optimistic about the travel industry's resilience and investment potential. Don't miss out—download the PDF now!