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3 Stocks to Buy as the Tourism Industry Recovers
SKYW – After nearly a year of social distancing, in-door lockdowns and travel restrictions, travel companies are starting to recover with a gradual increase in demand for business and leisure travel. Therefore, we think it is wise to bet now on stocks such as SkyWest (SKYW), Bluegreen Vacations (BVH), and Travelzoo (TZOO). These companies are well-positioned to experience growth in tandem with an economic recovery. Let’s evaluate these names more closely.
Apr 7, 2021
The travel industry has been recovering over the last two quarters after facing a huge decline in sales during the initial months of the COVID-19 pandemic. Because the easing of travel restrictions has begun, total travel spending in the United States is expected to recover 23.2% year-over-year in 2021, following a 45.2% decline last year, according to the U.S. Travel Association. Governments ....

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