This Overlooked Corner of the Travel Industry Is Finally Recovering

You know an airline is desperate when the Uber to the airport costs more than the flight... Most Americans hunkered down during the COVID-19 pandemic in early 2020. [Chaikin PowerFeed]( This Overlooked Corner of the Travel Industry Is Finally Recovering By Briton Hill, analyst, Chaikin Analytics You know an airline is desperate when the Uber to the airport costs more than the flight... Most Americans hunkered down during the COVID-19 pandemic in early 2020. But when my apartment lease ended, I had nowhere to go. And the media was painting a grim picture about what was happening across the country. I wanted to find out if things really were as bad as they seemed. So I hit the road... I drove across the country twice. And I took more than 70 flights. In the end, I spent more than 180 days in hotels in 2020. As I said, airlines (and hotels) were desperate to get anyone in the door. I've never experienced cheaper travel than during the pandemic... I spent $50 on a round-trip, first-class ticket to Miami in July 2020. And when I headed back to the airport from the hotel, Uber charged me $65 for the short trip. Nearly three years later, the same flight costs about $1,200. And it's still likely to be oversold. So good luck if you're trying to find a spot for your carry-on bag. A room at the five-star hotel where I stayed in Miami only cost $200 per night in 2020. It was a lovely, secluded retreat. The service was amazing, too. But it still had a lot of available rooms. Nowadays, if you're lucky enough to even find a room at that hotel, it will cost as much as $1,500 per night. That's a 650% increase in less than three years. Traveling through the pandemic gave me a "boots on the ground" look at the U.S. economy. For the most part, things weren't as bad as they seemed on TV. But because everyone was scared at the time, I was able to do all my traveling for pennies on the dollar. That's no longer the case... Recommended Links: [NEW: Huge May 10 Stock Warning]( An event 20 times BIGGER than the bank collapse of 2023... because over HALF of the U.S. stock market ($10 Trillion) is set to move in less than 60 days. This critical moment will send some stocks soaring... while slashing others up to 90%. It's time to protect your money now. [Click here while there's still time](. [Sell This Popular Stock NOW]( Over 1 million people around the world follow 50-year Wall Street veteran Marc Chaikin for his surprisingly accurate stock predictions. And he just gave them an urgent SELL ALERT for one of the most popular stocks in U.S. history. He says, "After years of breathtaking gains, this company's day in the sun is coming to an end. You must sell this stock – NOW!" [Get the ticker here](. It's clear that hotels and airlines are now playing catch-up for all the lost revenue from the pandemic. Hotels are crammed full. And most planes have a person in every seat. On the consumer side, folks are taking all the trips they missed during the pandemic... Americans alone spend more than $1 trillion each year on travel. Most of that money gets spent right here in the U.S. And it's expected to hit $2.4 trillion in less than five years. The days of traveling for pennies on the dollar are over – for the most part. You see, one hideout remains for people looking to travel at pandemic-like prices... Cruise lines. The pandemic crushed the global cruise industry. Many cruise lines couldn't get enough customers. So they suspended operations for long periods. And some even went bankrupt. But nowadays, the world has emerged from the pandemic. And the global cruise industry is taking baby steps in its own recovery... The industry generated roughly $18.6 billion in revenue last year. That's more than five times the nearly $3.4 billion in revenue that it produced in 2020. And importantly, the Power Gauge sees the potential in this corner of the travel industry... Major cruise operator Royal Caribbean (RCL) earns a "bullish" rating in our system. And Norwegian Cruise Line (NCLH) recently flipped to a "bullish" rating as well. So if you're not paying attention to this industry yet, I recommend taking a look at it today. Good investing, Briton Hill Market View Major Indexes and Notable Sectors # Hld: Bullish Neutral Bearish Dow 30 -0.83% 9 19 2 S&P 500 -0.69% 133 282 83 Nasdaq -0.65% 45 44 11 Small Caps +0.37% 373 982 524 Bonds +0.48% — According to the Chaikin Power Bar, Small Cap stocks are somewhat more Bearish than Large Cap stocks. Major indexes are mixed. * * * * Sector Tracker Sector movement over the last 5 days Communication +4.31% Industrials +2.05% Information Technology +1.46% Health Care +1.33% Discretionary +1.18% Staples +0.63% Materials +0.38% Real Estate +0.25% Utilities -0.28% Financial -0.93% Energy -5.39% * * * * Industry Focus NYSE Technology Services 19 13 3 Over the past 6 months, the NYSE Technology subsector (XNTK) has outperformed the S&P 500 by +13.82%. Its Power Bar ratio, which measures future potential, is Very Strong, with more Bullish than Bearish stocks. It is currently ranked #4 of 21 subsectors and has moved down 2 slots over the past week. Top Stocks [rating] LRCX Lam Research Corpora [rating] AMAT Applied Materials, I [rating] INTC Intel Corporation * * * * Top Movers Gainers [rating] GNRC +11.62% [rating] AIZ +9.28% [rating] VRSK +7.93% [rating] TECH +7.21% [rating] LLY +6.68% Losers [rating] EL -17.34% [rating] AMD -9.22% [rating] SBUX -9.17% [rating] AMCR -8.33% [rating] MKTX -6.43% * * * * Earnings Report Reporting Today Rating Before Open After Close BDX, VMC, TFX, MLM, SWK, REGN, RCL MPWR, MNST, FTNT, BIO, BKNG XYL, WRK, TRGP, SRE, PWR, PPL, PNW, PH, PCG, OGN, NRG, K, IRM, COP, CEG, CAH AAPL, CTRA, PODD, PARA, MSI, MRNA, AEP, AIG, MCHP, LNT, ICE, HII, APTV, BWA, EXPE, ES, ED BALL REG, LYV, FRT, APA No earnings reporting today. Earnings Surprises [rating] CTVA Corteva, Inc. Q1 $0.16 Beat by $0.10 [rating] ALB Albemarle Corporation Q1 $10.32 Beat by $3.26 [rating] HUBS HubSpot, Inc. 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