The travel sector is taking off

Two years after the global economy gradually began to reopen, the travel industry is in rude health – and the long-term outlook remains compelling, says Matthew Partridge

Fly away
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The real success story in global equity markets so far this year has been the travel sector

The industry is certainly doing much better than it was during the Covid pandemic, when most travel ground to a halt. But it still hasn’t quite recovered from Covid, especially in Asia, where the volume of passengers is still 40% below its 2019 level owing to the region’s relatively late reopening. 

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri