Is the tourism recovery coming?

In addition to the two fields of oil and gas and traditional finance, which have performed well since the beginning of the year, US stocks have performed well, another field is tourism recovery.
$Airbnb (ABNB.US)$

At the end of last year, it was mentioned like $Airbnb (ABNB.US)$ or $ETFMG Travel Tech ETF (AWAY.US)$ The travel-themed ETF will benefit from the general context of the world restart, mainly based on investors' limited spending capacity to shift from consumer spending benefiting from WFH in the past two years to travel service consumption spending that has been suppressed for a long time. As for the recovery in the market, I think this is likely; the question is just how fast it will happen.

Although the global epidemic has once again reached a new high in the past few months, what you can find is news that more and more countries are preparing to reopen their borders, and the US epidemic has temporarily passed its peak.

Compared to the JETS Airlines ETF, I would prefer to operate the AWAY Travel ETF this year, and the ETF recorded a 9.15% increase this month. Currently, I am still waiting for further trends. As long as the next pullback does not fall below the previous low, I will increase my positions further.

If you don't know AWAY ETF, AWAY ETF's main holdings include Expedia, booking.com, Uber, Tripadvisor, ABNB, LYFT, and Trip.com, which benefit from the opening of travel.

For example, the performance of Uber and LYFT both surpassed market expectations, and the financial outlook was quite positive. Expedia will also release its latest earnings report after today's market.
$Uber Technologies (UBER.US)$

$Uber Technologies (UBER.US)$ Today is quite funny. After the results came out, the stock price was stimulated by favorable factors. How did the stock price change from rising to falling after the Investor Day presentation. Uber says that 2022's Gross Booking and Adjusted EBITDA will both reach record highs. Management has also given many future prospects, such as predictions:

✅ Gross Booking will increase from FY2021's 90 billion in FY2024 to 165b-175b, or 22%-25% CAGR growth.

✅ Adjusted EBITDA will increase from -0.8 billion in FY21 to 5 billion in FY2024, and FY2024 is expected to achieve significant free cash flow.

If these prospects are realized, it would mean that UBER will transform from a money-burning machine to a machine that can start printing money for itself. In fact, 2024 is not far away. We'll wait and see. If it can be done, Uber can actually keep an eye on it.