To The Moon

Happy Friday! Summer 2022 will be huge for travel, do you dig out your swimsuits and happily set off on long-postponed vacations? Not only us, the S&P 500 is on track for its best two-week performance, with travel stocks leading the market rally. The major airlines aren't sounding the alarm on the economy yet. On Thursday, both $Southwest Airlines(LUV)$ and $JetBlue Airways(JBLU)$ raised their quarterly guidance, citing strong demand heading into the critical summer travel season. Both upward revisions came just weeks after the companies initially reported their forecasts last month. "JetBlue’s operational performance has improved steadily since early April," the companysaid in a filing Thursday."The demand environment continues to be strong, with bookings exceeding Company expectations." As consumers appear willing to spend on travel that hadn't been accessible at the height of the pandemic. Southwest on Thursday also raised its guidance, and now expects operating revenue to grow between 12% and 15% for the fiscal second quarter compared to 2019. It previously saw a rise of between 8% and 12%. "The Company continues to experience strong load factors and an acceleration in bookings for summer travel," theairline said in a Thursday filing.These latest forecasts from Southwest and JetBlue built on upbeat outlooks issued by other travel companies in recent weeks, which have all pointed to persistent pent-up demand for travel ahead of the summer. This indicates that travel firms like $Walt Disney(DIS)$, $Booking Holdings(BKNG)$, and $Airbnb, Inc.(ABNB)$ have lots of room to climb higher in the coming months as the summer vacation season approaches. $Walt Disney(DIS)$ The Walt Disney Company is a media and entertainment firm. Summer travel demand will generate more revenue for Disney's offline business. The earnings is also behind the firm as it expects to grow earnings per share to $4.44 in 2022, up more than 91% compared to the EPS in 2021. This pace of growth will slow to, but remain above average for the industry overall, 22% in 2023 and 2024. $Booking Holdings(BKNG)$ Booking provides reservation services. The firm continues to show strong recovery trends. The total revenues for the fourth quarter were $3 billion, an increase of 141% year-on-year. The net income for 2021 stood at over $1 billion, up from just $59 million in 2020. The company expects to grow revenue by 45% in 2022 and 18% in 2023. “The pandemic created opportunities for us to be more aggressive in a variety of areas of the market. We were opportunistic throughout the year, for example, in positioning the portfolio to benefit from a flush consumer eager to return to spending and traveling.” $Airbnb, Inc.(ABNB)$ Airbnb owns and runs an online travel platform. Flexible work arrangements and an increase in international travel due to the easing of virus restrictions will likely help the firm register a strong recovery this year. The company is leading the alternative accommodations market already with six million active listings and over four million hosts across 100,000 cities globally. Hotels and Cruises $Marriott(MAR)$ Shares of Marriott International Inc. rallied 6.66% to $170.17 Thursday, on what proved to be an all-around positive trading session for the stock market. This was the stock's second consecutive day of gains. Marriott closed $25.73 short of its 52-week high ($195.90), which the company reached on April 21st. The stock outperformed some of its competitors Thursday, as $Hilton(HLT)$ rose 5.23% to $138.47, and $Hyatt(H)$ rose 4.67% to $86.55. Most travel stocks bottomed out and rebounded slightly. In the face of huge summer travel demand, will travel stocks continue to rise? SHARE YOUR THOUGHTS Travel Stocks: Correction or Rebound? You may be rewarded with Tiger Coins for sharing your thoughts in the comment💸💸💸 Follow me! Don't forget I am the richest tiger in this community😎😎