CCL, RCL: Travel Is Back To Pre-Pandemic Levels

Steadfast, inflation should not ground consumer's fondness to spend on travel, buoying demand in 2023, notes Jamie Katz. She and Ivan Feinseth discuss cruise lines. They gauge travel demand for cruise lines. Jamie mentions that travel occupancy gains are moderate at already elevated levels as spending on services stays healthy. Ivan highlights that travel trends remain strong with no signs of letting up, and consumers are back to pre-pandemic trends of spending on memories versus merchandise. Morningstar has a 5-star rating on Carnival Cruise Line (CCL) and a 4-star rating on Royal Caribbean (RCL). They then go over travel stock to keep on your radar. Tune in to find out more about the stock market today.