Households Traveling Abroad Jump Nearly 30% Since 2019: What It Means For Airline, Foreign Luxury Stocks
Households Traveling Abroad Jump Nearly 30% Since 2019: What It Means For Airline, Foreign Luxury Stocks
Travel, especially abroad, has historically been a luxury for most Americans. Despite a tightening labor market and uncertain economic conditions, the number of households traveling abroad has soared nearly 30% as households build wealth.
歷史上，尤其是國外旅行對大多數美國人來說一直是一種奢侈品。儘管勞動力市場趨緊，經濟形勢不明朗，但出國旅遊的家庭數量已經增長了近30％，因爲這些家庭積累了財富。
The number predictably fell in 2020 and 2021 during the COVID-19 pandemic but has increased in each of the past three years.
預計在COVID-19大流行期間的2020年和2021年，該數字下降，但在過去的三年中每年都有所增加。
The Data: A post on X relayed data from Bank of America.
數據來源於美國銀行的一篇帖子。
The number of households travelling abroad has increased in the past two years, and, as of June, is nearly 30% higher than 2019 levels pic.twitter.com/zhhq8DeQRo
— Mike Zaccardi, CFA, CMT (@MikeZaccardi) July 11, 2024
出國旅遊的家庭數量在過去的兩年中增加了，並且截至6月份，比2019年的水平高近30％。pic.twitter.com/zhhq8DeQRo
——Mike Zaccardi，CFA，CMt（@MikeZaccardi）2024年7月11日
Meanwhile, spending on luxuries abroad has seen similar increases since 2019, according to Bank of America.
與此同時，根據美國銀行的數據，海外奢侈品的支出也已經看到類似的增長，自2019年以來。
Why It's Important: Amid a period of inflation, households have become price-sensitive in some areas and willing to spend in others. Consumers have gravitated toward luxury or bargains, with less spending on items or experiences in between.
爲什麼重要：在通貨膨脹期間，家庭已在某些領域變得更加註重價格，並願意在其他領域進行支出。消費者傾向於奢侈品或廉價商品，同時在中間的物品或經歷上的支出較少。
Meanwhile, flying is as popular as ever. More than 3 million passengers were screened at U.S. TSA checkpoints on Sunday, July 7, a new record.
與此同時，乘機旅行和以往一樣受歡迎。 7月7日星期日，美國的TSA檢查站出現了超過300萬名旅客，創下了新紀錄。
Market Implications: Long-term changes in consumer behavior stand to impact companies in various industries, most notably airlines and luxury goods.
消費者行爲的長期變化將影響各個行業的公司，尤其是航空公司和奢侈品。
Airlines have struggled since the pandemic, not so much with filling seats but with margin contraction and declining profitability. Delta Air Lines, Inc. (NYSE:DAL) shares sunk on Thursday after beating revenue estimates but missing on earnings.
自大流行病以來，航空公司一直面臨困境，不是因爲無法填滿座位，而是因爲利潤率下降和盈利能力下降。Delta Air Lines, Inc.（NYSE:DAL）股價週四下跌，儘管打破了收入預期，但錯過了盈利預期。
Delta's luxury status seems to have insulated it better from industry trends better than competitors United Airlines Holdings Inc (NASDAQ:UAL) and American Airlines Group Inc (NASDAQ:AAL).
與競爭對手聯合航空控股有限公司（NASDAQ:UAL）和美國航空集團公司（NASDAQ:AAL）相比，Delta航空的奢華地位似乎更能抵禦行業趨勢。
Online travel agency Booking Holdings Inc (NASDAQ:BKNG) is a stand-out name for its stock performance — up more than 100% — since 2019.
在線旅行社Booking Holdings Inc（NASDAQ:BKNG）以其股票表現脫穎而出，自2019年以來上漲了超過100％。
LVMH Moët Hennessy Louis Vuitton (OTC:LVMUY) and Hermes Intl S A Unsponsored France ADR (OTC:HESAY) have benefited from increases in American travel to Europe. Ralph Lauren Corp (NYSE:RL) has been a standout performer in 2024, up over 25%.
LVMH莫埃斯·亨尼斯路易威登（OTC：LVMUY）和愛馬仕國際S A Unsponsored France ADR（OTC：HESAY）受益於美國旅行歐洲的增加。 Ralph Lauren Corp（NYSE：RL）在2024年是表現突出的股票之一，上漲超過25％。
Also Read:
還閱讀：
- Inflation Slows More Expected To 3% In June, Heightens Expectations For Rate Cuts: Treasury Yields Tumble
- 通脹率下降，預計在6月降低到3％，增強了降息的預期：國債收益率下跌
Photo: Shutterstock
Photo: shutterstock
譯文內容由第三人軟體翻譯。