This analysis is by Bloomberg Intelligence Senior Industry Analyst Julie Chariell. It appeared first on the Bloomberg Terminal.
Low-cost airlines to lead travel upturn
A post-pandemic U.S. travel recovery will happen, but we see a critical distinction between companies leveraged to domestic, personal and alternative travel and quick-service dining vs. those dependent on international trips and indoor seating. Local travel bodes well for sales of Southwest, Wyndham Hotels and Visa. Vendors exposed to business and international travel may have to wait until early 2022. These include United, Marriott and American Express.
Low-cost airlines see upturn first; full-service awaits business
The pandemic travel…