Hedge funds favor undervalued travel stocks due to the travel industry's growth and expected recovery by 2024.
Hilton Grand Vacations Inc. and other companies are highlighted as undervalued travel stocks favored by hedge funds due to the travel industry's robust growth and profit margins. The experiential travel market is expected to surpass $3 trillion by 2025, driven by consumer demand for unique experiences. Despite economic challenges, international tourism is predicted to recover to pre-pandemic levels by 2024, making these stocks attractive investments.
September 14, 2024
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