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Demand for travel enjoyed consistent tailwinds from demographic trends and consumer preferences before the pandemic. Global shutdowns have served to ‘bottle up’ that demand for travel, which is already driving a short-term recovery for the space as restrictions ease. This ETF offers diversified access to the airlines, cruise lines, hotels, and online booking services we believe are set for recovery and long-term growth. With so many options, so much flexibility, and increasingly higher expectations, the 21st century traveler seeks experiences that go beyond the vacations and business trips of yesteryear. The study stipulates phases to observe the proposed mechanism in formulating the travel and leisure industry’s recovery strategies.

• The holiday destination and activities sectors look at the main domestic and international tourism destinations, exploring tourist attractions, and trip purposes.
• Our travel, hospitality and leisure practice is a specialty boutique within the global