Published on 21 Sep 2024 on Insider Monkey · via Yahoo Finance
We recently compiled a list of the 13 Best Vacation Stocks to Buy Now. In this article, we are going to take a look at where MakeMyTrip Limited (NASDAQ:MMYT) stands against the other vacation stocks.
In early 2024, The World Travel & Tourism Council projected a strong year for travel & tourism, with the sector’s global economic contribution expected to touch an all-time high of $11.1 trillion. As per the global tourism body’s 2024 Economic Impact Research (EIR), travel & tourism should be able to contribute an additional $770 billion over its previous record. WTTC anticipates that ~142 countries, of the 185 analysed, are expected to outperform previous national records.