checkAd

     351  0 Kommentare Where to Invest in the Growing Travel Industry -- SECFilings.com

    REDONDO BEACH, CA--(Marketwired - Nov 2, 2017) - SECFilings.com, a leading financial news and information portal offering free real-time public company filing alerts, announces the publication of an article covering the growing travel industry and how companies like Monaker Group (OTCQB: MKGI) address the opportunity.

    Where to Invest in the Growing Travel Industry
    The travel industry is robust and growing with no signs of slowing down. With more than 1.5 billion trips and $2.5 trillion in spending projected by 2020, investors may want to take a closer look at companies that are innovating in the space. Most investors are already aware of companies like Priceline.com Inc. and Airbnb, but there are plenty of other smaller companies that could see even greater growth rates.

    Global Travel Is on the Rise
    Global demand for trips has grown consistently over the past 20 years with no signs of a slowdown, according to Euromonitor International, which estimates that 1.5 billion international trips will be taken each year by 2020. Despite the refugee crisis in Europe and the Zika pandemic in the tropics, the travel industry has continued to see strong growth over the past two decades, which suggests resilience in the face of "fear factors."

    Euromonitor International estimates that travel product sales amounted to $2.1 trillion in 2015 and expects the market to reach $2.5 trillion by 2020, which represents a 3% to 4% compound annual growth rate over that timeframe. Not surprisingly, lodging and airlines represent the two largest segments of the market, while transportation, car rentals, cruises, medical tourism, and health and wellness tourism round out the market.

    The two most significant trends in the travel industry have been short-term rentals - made possible with websites like Airbnb - and the rise of online travel agents - or OTAs. While both of these segments have witnessed tremendous growth rates, the lodging market remains dominated by hotels and online travel will still only account for 45% of all bookings by 2020, according to Euromonitor International estimates.

    Where to Invest in Global Travel
    Traditional hotels and travel agencies may still account for most of the market, but alternative lodging (e.g. short-term rentals) and online travel agents provide better investment opportunities. After all, investors are often more interested in growth than size, since a fast-growing company will appreciate in value the most over time. Fortunately, there are many opportunities for investors in both of these industries.

    Lesen Sie auch

    Seite 1 von 2


    Diskutieren Sie über die enthaltenen Werte



    Verfasst von Marketwired
    Where to Invest in the Growing Travel Industry -- SECFilings.com REDONDO BEACH, CA--(Marketwired - Nov 2, 2017) - SECFilings.com, a leading financial news and information portal offering free real-time public company filing alerts, announces the publication of an article covering the growing travel industry and …