Travel + Leisure Worlds Best Awards

Demand for travel enjoyed consistent tailwinds from demographic trends and consumer preferences before the pandemic. Global shutdowns have served to ‘bottle up’ that demand for travel, which is already driving a short-term recovery for the space as restrictions ease. This ETF offers diversified access to the airlines, cruise lines, hotels, and online booking services we believe are set for recovery and long-term growth. Covid-19 has had unprecedented impact on the travel and leisure industry.

The feedback is used to recognize an elite group of travel destinations with World’s Best Awards – everything from best islands to best cities to best cruise ships and beyond. The World Travel and Tourism Council estimates a 4.5 per cent per annum increase in the total amount of travel and tourism economic activity between 2002 and 2012. This is largely credited to a rise in global wealth, liberalization of …