With the world figuring out how to live with COVID-19, the travel industry is in growth mode again. U.S. travel for leisure has reached new all-time highs, but business travel is still down from pre-pandemic levels. The same goes for international travel activity. Vacations still have a long way to fully recover, and new digital tools for booking accommodations are on the rise. Over the course of the next decade, some estimates point to global travel spending increasing at an average of 5% to 6% annually — double the expected average annual growth of the global economy.
Investing in travel ETFs might make a lot of sense right now. If you think the travel industry will continue to rebound and that the global…
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