Time to look beyond hotel stocks? 8 stocks from tourism sector ecosystem with an upside potential of more than 29%
- Posted on November 19, 2024
- By Business News Today
- 2 Views
Time to look beyond hotel stocks? 8 stocks from tourism sector ecosystem with an upside potential of more than 29%
Tourism is a sector where, instead of betting on a single stock, it is better to own a set of stocks. That will help investors gain from spending by every segment of tourists, and in every section of the hospitality ecosystem – while also avoiding some risks. For example, taking exposure only to hotel stocks comes with its pros and cons. In the event of a slowdown, a hotel company with high debt may find it tough to survive. In the past, a very large hotel group went belly up just because of this. Also, taking exposure only to hotel stocks means you are ignoring a large part of the spending done by tourists.