Instrument NameDefiance Hotel Airline and Cruise ETFInstrument Symbol(CRUZ-A)

Instrument ExchangeNYSE Arca

Hotel business is expected to surpass pre-pandemic levels in 2023 and the hotel stocks are getting price target increases from analysts.

The global pandemic created enormous problems for the travel sector. Hotels, airlines, and cruise ships saw business grind to a halt, and shares in the leading companies plunged. As the world returns to normal, the demand for travel and vacations has recovered.