Revenge Travel is Picking Up: 4 Companies That Will Benefit
By The Smart Investor  •  May 5, 2022
It seems consumer spending has been surging in recent months as the world enjoys a much-needed recovery. We previously wrote about the concept of revenge spending, where people open their wallets in a big way after two years of restrictions. This spending is not limited to just physical goods but is extending to experiences as well. Revenge travel is a subset of revenge spending and represents a desire to make up for lost time and to scratch that travel itch. As the lyrics of Joni Mitchell’s “Big Yellow Taxi” go — you don’t know what you’ve got till it’s gone. Many people are now savouring the sweetness of being able to travel to far-flung places, a luxury that they previously may not have fully appreciated. And with many economies reopening and Singapore relaxing its rules for inbound travel, the travel and tourism industries are set to see a stronger recovery later this year....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.

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