Tourism Sector

Last update - 7 September 2021 By Rivkin

As vaccination rates increase rapidly and states, led by NSW and Victoria, talk up the likelihood of international travel resuming as soon as Christmas, it should come as no surprise that tourism stocks such as Qantas Airways (QAN), Flight Centre (FLT) and Webjet (WEB) have started to rally to their highest levels since the pandemic began. Given the speed of the economy’s recovery after lockdowns ended in 2020, it is a near consensus view among economists that we will once again see a rapid rebound in the economy as consumers start to satisfy the pent-up demand built up during lockdowns.

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