<p>隨着世界在後疫情時代繼續懷着新的熱情擁抱旅行，旅遊業在 2024 年剩餘時間內有望實現顯著增長。隨着八月的到來，一些投資者可能擔心最佳機會已經被搶佔。然而，許多頂級旅遊股仍然價格吸引人，受持續的 “復仇旅行” 現象推動，該現象在疫情之後迅速興起，並且沒有放緩的跡象。</p>
<p>儘管存在不穩定的匯率和不同的支付能力趨勢等挑戰，但人們對旅行的需求似乎比以往任何時候都更強烈。根據七月份公佈的最新數據，<strong>萬事達卡</strong>（NYSE:<strong>MA</strong>）表示，2024 年的旅遊業正在創造記錄。事實上，全球郵輪和航空業過去 10 天中有 9 天創下了支出記錄。強勁的勞動力市場和對更長假期的渴望推動了旅行活動的激增，併為旅遊股創造了有利的環境。</p>
<p>隨着旅遊熱潮持續，我們將探討三家有望受益於這一持久趨勢的旅遊股。這些公司提供強大的投資案例，展示了強勁的增長前景和相當有吸引力的估值。</p>
<h2>Booking Holdings（BKGN）</h2>
<p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>圖片來源：Denys Prykhodov / Shutterstock.com</p>
<p><strong>Booking Holdings</strong>（NASDAQ:<strong>BKNG</strong>）作為全球領先的在線旅行和預訂服務提供商，處於利用當前旅行激增的完美位置。憑藉其領先的在線平台組合，如 Booking.com、Kayak、Agoda、OpenTable、Rentalcars.com 和 Priceline.com，該公司近幾個季度的收入和利潤均實現了令人印象深刻的增長。</p>
<p>此外，Booking 的商業模式依賴於收取高利潤的預訂費，這使其具有高度可擴展的盈利能力。這在公司的調整後每股收益中得以體現，該指標在第一季度增長了 76%，第二季度增長了 11%，這兩個數字均遠遠超過了收入增長。最後，在經歷最近的下跌後，Booking 股票現在的前瞻市盈率低於 20，我認為這是一個極具吸引力的倍數，考慮到其潛在的增長前景。</p>
<p>去年，Booking 的營收飆升了 25%，達到了創紀錄的 214 億美元。這種強勁表現延續到了 2024 年。在第一季度，Booking 報告了 17% 的營收增長，達到 44 億美元，在第二季度，增長了 7%，達到 59 億美元——這兩者都創下了各自季度的記錄。這樣穩健的業績清楚地突顯了 Booking 在蓬勃發展的旅遊業背景下蓬勃發展的能力，使其成為值得購買的旅遊股之一。</p>
<h2>Airbnb（ABNB）</h2>
<p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>圖片來源：BigTunaOnline / Shutterstock.com</p>
<p>與 Booking 類似，<strong>Airbnb</strong>（NASDAQ:<strong>ABNB</strong>）像少數其他公司一樣乘風破浪，抓住了當前旅遊熱潮。作為點對點住宿租賃和體驗預訂領域的領先者，儘管偶爾面臨監管挑戰，Airbnb 在該領域內不斷創造增長業績。公司在該領域的獨特地位以及在其平台內持續創新，使 Airbnb 成為尋求在旅遊業中獲得曝光的人必不可少的股票。</p>
<p>為了説明其持續的勢頭，可以看一下 Airbnb 在疫情後的表現：今年第一季度，公司的營收同比增長了 18%，達到 21.4 億美元。這是繼去年第一季度增長 20% 之後，又一次出色的業績，而去年第一季度的增長又是在 2022 年第一季度 70% 的增長之後。旅行者對獨特住宿和當地體驗的需求激增，而儘管競爭對手試圖進入該領域，Airbnb 似乎是該領域無可匹敵的領導者。</p>
<p>展望未來，Airbnb 的前景看起來光明。共識估計顯示，其營收增長約為 10.2%，我認為這是一個相當保守的數字。無論如何，Airbnb 應該看到相當強勁的自由現金流增長，這最終將推動其看漲案例。為了更好地理解，Airbnb 的第一季度自由現金流率達到了 89%。這樣高的自由現金流轉化率不僅會增加股權價值，還將使股東獲得可觀的現金回報。因此，我認為 Airbnb 是當今最具吸引力的旅遊股之一。</p>
<h2>希爾頓全球控股（HLT）</h2>
<p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1" height="1" original-src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>圖片來源：josefkubes / Shutterstock.com</p>
<p><strong>希爾頓全球控股</strong>（NYSE:<strong>HLT</strong>）是另一家在持續行業繁榮中佔據完美位置的頂級旅遊股。正如我之前提到的，Airbnb 在吸引旅行者方面表現出色，提供獨特住宿，但仍有一大市場適合那些喜歡傳統酒店舒適和豪華的人。正如前面提到的 Booking 的最新業績部分説明的那樣。</p>
<p>作為酒店業的領先參與者，希爾頓通過提供舒適和高檔位置的混合吸引了尋求頂級設施的旅行者。公司最近的第一季度業績展示了市場類別的需求依然強勁。收入增長了 12.2%，達到了 25.7 億美元，這得益於其特許經營和許可費部門的增長，這要歸功於其品牌下酒店數量的增加和入住率的提高。</p>
<p>但我真的很喜歡希爾頓的股票，因為該公司擁有高效的商業模式。希爾頓擁有大部分的 7626 家物業，約 120 萬間客房都是特許經營，使得運營更加高效。這些好處在第一季度已經有所體現，調整後的每股收益增長了 23.4%，達到 1.53 美元，明顯超過了營收增長。從當前旅遊行業的趨勢來看，希爾頓很可能在今年餘下的時間裏繼續保持強勁增長，使其成為一個值得考慮的旅遊股票。</p>
<p>_在發佈日期，Nikolaos Sismanis 持有 ABNB 的多頭頭寸。本文表達的觀點屬於作者個人，遵守 InvestorPlace.com 的發佈準則。</p>
<p>_在發佈日期，負責編輯在本文提到的證券中沒有（直接或間接）任何持倉。</p>
<p>Nikolaos Sismanis 是一位擁有五年股票研究和財務建模經驗的專業研究分析師。Nikolaos 撰寫了超過 1000 篇股票相關文章，重點關注發掘深度價值機會，識別合理估值的成長股，並關注被忽視的國際股票。</p>
<p>消費者自由裁量權，旅遊</p>

愛彼迎

希爾頓全球

休閒娛樂 ETF - PowerShares

<p>旅遊行業預計在 2024 年將迎來顯著增長，許多旅遊股仍然價格吸引人。Booking Holdings、愛彼迎和希爾頓全球控股是三家旅遊股，它們有望從這一趨勢中受益。Booking 在營收和利潤方面均實現了令人印象深刻的增長，前瞻市盈率低於 20。愛彼迎是點對點住宿租賃和體驗預訂領域的領先者，營收增長強勁，自由現金流利潤率高。希爾頓全球控股也已經很好地定位自己，以從行業繁榮中獲利</p>

<p>As the world continues to embrace travel with renewed vigor in the post-pandemic era, the industry is poised for significant growth throughout the remainder of 2024. With August already here, some investors may worry that the best opportunities have already been seized. However, many of the top travel stocks remain attractively priced, buoyed by the persistent “revenge travel” phenomenon that took off after the pandemic and shows no signs of slowing down.</p>
<div class="lb-trans"><p>隨着世界在後疫情時代繼續懷着新的熱情擁抱旅行，旅遊業在 2024 年剩餘時間內有望實現顯著增長。隨着八月的到來，一些投資者可能擔心最佳機會已經被搶佔。然而，許多頂級旅遊股仍然價格吸引人，受持續的 “復仇旅行” 現象推動，該現象在疫情之後迅速興起，並且沒有放緩的跡象。</p>
</div><p>Despite challenges such as unstable exchange rates and varying affordability trends, the appetite for travel appears stronger than ever. According to recent data from <strong>Mastercard</strong> (NYSE:<strong>MA</strong>), shared in July, the travel industry in 2024 is breaking records. In fact, nine of the past 10 record-breaking spending days in the global cruise and airline industry have happened this year alone. A robust labor market and a rising desire for longer vacations fuel surging travel activity and create a favorable environment for travel stocks.</p>
<div class="lb-trans"><p>儘管存在不穩定的匯率和不同的支付能力趨勢等挑戰，但人們對旅行的需求似乎比以往任何時候都更強烈。根據七月份公佈的最新數據，<strong>萬事達卡</strong>（NYSE:<strong>MA</strong>）表示，2024 年的旅遊業正在創造記錄。事實上，全球郵輪和航空業過去 10 天中有 9 天創下了支出記錄。強勁的勞動力市場和對更長假期的渴望推動了旅行活動的激增，併為旅遊股創造了有利的環境。</p>
</div><p>As the travel boom continues, we’ll explore three travel stocks that are poised to benefit from this enduring trend. These names offer strong investment cases, displaying robust growth prospects and rather attractive valuations.</p>
<div class="lb-trans"><p>隨着旅遊熱潮持續，我們將探討三家有望受益於這一持久趨勢的旅遊股。這些公司提供強大的投資案例，展示了強勁的增長前景和相當有吸引力的估值。</p>
</div><h2>Booking Holdings (BKGN)</h2>
<div class="lb-trans"><h2>Booking Holdings（BKGN）</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif" alt="" original-src="https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>Source: Denys Prykhodov / Shutterstock.com</p>
<div class="lb-trans"><p>圖片來源：Denys Prykhodov / Shutterstock.com</p>
</div><p>As a premier global online travel and reservation service provider, <strong>Booking Holdings</strong> (NASDAQ:<strong>BKNG</strong>) stands at a perfect position to capitalize on the current travel surge. With its top-tier portfolio of leading online outlets such as Booking.com, Kayak, Agoda, OpenTable, Rentalcars.com and Priceline.com, the company has seen impressive growth in both revenues and profits in recent quarters.</p>
<div class="lb-trans"><p><strong>Booking Holdings</strong>（NASDAQ:<strong>BKNG</strong>）作為全球領先的在線旅行和預訂服務提供商，處於利用當前旅行激增的完美位置。憑藉其領先的在線平台組合，如 Booking.com、Kayak、Agoda、OpenTable、Rentalcars.com 和 Priceline.com，該公司近幾個季度的收入和利潤均實現了令人印象深刻的增長。</p>
</div><p>Moreover, Booking’s business model, which relies on collecting high-margin booking fees, allows for highly scalable profitability. This is evident in the company’s adjusted earnings per share, which surged by 76% in Q1 and by 11% in Q2, both figures exceeding revenue growth by a wide margin. Finally, following its recent dip, Booking stock now hovers at a forward P/E below 20, which I find to be an extremely attractive multiple given its underlying growth prospects.</p>
<div class="lb-trans"><p>此外，Booking 的商業模式依賴於收取高利潤的預訂費，這使其具有高度可擴展的盈利能力。這在公司的調整後每股收益中得以體現，該指標在第一季度增長了 76%，第二季度增長了 11%，這兩個數字均遠遠超過了收入增長。最後，在經歷最近的下跌後，Booking 股票現在的前瞻市盈率低於 20，我認為這是一個極具吸引力的倍數，考慮到其潛在的增長前景。</p>
</div><p>For context, last year, Booking’s revenues soared by 25%, reaching a record $21.4 billion. This strong performance has continued into 2024. In Q1, Booking reported a 17% revenue growth, amounting to $4.4 billion, and in Q2, a 7% increase to $5.9 billion—both setting records for their respective quarters. Such solid results clearly highlight Booking’s ability to thrive on the back of a flourishing travel industry and make it one of the travel stocks to buy.</p>
<div class="lb-trans"><p>去年，Booking 的營收飆升了 25%，達到了創紀錄的 214 億美元。這種強勁表現延續到了 2024 年。在第一季度，Booking 報告了 17% 的營收增長，達到 44 億美元，在第二季度，增長了 7%，達到 59 億美元——這兩者都創下了各自季度的記錄。這樣穩健的業績清楚地突顯了 Booking 在蓬勃發展的旅遊業背景下蓬勃發展的能力，使其成為值得購買的旅遊股之一。</p>
</div><h2>Airbnb (ABNB)</h2>
<div class="lb-trans"><h2>Airbnb（ABNB）</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif" alt="" original-src="https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>Source: BigTunaOnline / Shutterstock.com</p>
<div class="lb-trans"><p>圖片來源：BigTunaOnline / Shutterstock.com</p>
</div><p>Much like Booking, <strong>Airbnb</strong> (NASDAQ:<strong>ABNB</strong>) surfs the wave of the current travel boom like few others. As the leading player in peer-to-peer accommodation rentals and experience bookings, Airbnb has consistently impressed with its growing results despite facing occasional regulatory challenges. The company’s unique position in the space and continuous innovation within its platform make Airbnb a must-have stock for those seeking exposure in the travel industry.</p>
<div class="lb-trans"><p>與 Booking 類似，<strong>Airbnb</strong>（NASDAQ:<strong>ABNB</strong>）像少數其他公司一樣乘風破浪，抓住了當前旅遊熱潮。作為點對點住宿租賃和體驗預訂領域的領先者，儘管偶爾面臨監管挑戰，Airbnb 在該領域內不斷創造增長業績。公司在該領域的獨特地位以及在其平台內持續創新，使 Airbnb 成為尋求在旅遊業中獲得曝光的人必不可少的股票。</p>
</div><p>To illustrate its ongoing momentum, consider Airbnb’s performance post-pandemic: the company’s revenues grew by 18% year-over-year in Q1 of this year, reaching $2.14 billion. This follows last year’s 20% Q1 growth, which, in turn, followed an impressive 70% growth in Q1 2022. Demand for unique accommodations and local experiences has soared among travelers, and Airbnb seems to be the unrivaled leader in this space despite competitors’ attempts to break in.</p>
<div class="lb-trans"><p>為了説明其持續的勢頭，可以看一下 Airbnb 在疫情後的表現：今年第一季度，公司的營收同比增長了 18%，達到 21.4 億美元。這是繼去年第一季度增長 20% 之後，又一次出色的業績，而去年第一季度的增長又是在 2022 年第一季度 70% 的增長之後。旅行者對獨特住宿和當地體驗的需求激增，而儘管競爭對手試圖進入該領域，Airbnb 似乎是該領域無可匹敵的領導者。</p>
</div><p>Looking forward, Airbnb’s prospects seem bright. Consensus estimates see revenue growth of about 10.2%, which I find to be a rather conservative figure. In any case, Airbnb should see considerably stronger free cash flow growth, which is what should ultimately drive its bullish case. For context, Airbnb’s free cash flow margin hit 89% in Q1. Such a high free cash flow conversation should not only build equity value but also enable substantial cash returns to shareholders. Thus, I see Airbnb as one of the most compelling travel stocks to buy these days.</p>
<div class="lb-trans"><p>展望未來，Airbnb 的前景看起來光明。共識估計顯示，其營收增長約為 10.2%，我認為這是一個相當保守的數字。無論如何，Airbnb 應該看到相當強勁的自由現金流增長，這最終將推動其看漲案例。為了更好地理解，Airbnb 的第一季度自由現金流率達到了 89%。這樣高的自由現金流轉化率不僅會增加股權價值，還將使股東獲得可觀的現金回報。因此，我認為 Airbnb 是當今最具吸引力的旅遊股之一。</p>
</div><h2>Hilton Worldwide Holdings (HLT)</h2>
<div class="lb-trans"><h2>希爾頓全球控股（HLT）</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif" alt="" original-src="https://investorplace.com/wp-content/plugins/lazy-load/images/1x1.trans.gif"/></p>
<p>Source: josefkubes / Shutterstock.com</p>
<div class="lb-trans"><p>圖片來源：josefkubes / Shutterstock.com</p>
</div><p><strong>Hilton Worldwide Holdings</strong> (NYSE:<strong>HLT</strong>) stands out as another top travel stock that has taken a perfect position to capitalize on the ongoing industry boom. While I mentioned that Airbnb does great when it comes to attracting travelers with its unique accommodations, a significant market remains for those who prefer the comfort and luxury of traditional hotels. Booking’s recent results, as mentioned earlier, partially illustrate this.</p>
<div class="lb-trans"><p><strong>希爾頓全球控股</strong>（NYSE:<strong>HLT</strong>）是另一家在持續行業繁榮中佔據完美位置的頂級旅遊股。正如我之前提到的，Airbnb 在吸引旅行者方面表現出色，提供獨特住宿，但仍有一大市場適合那些喜歡傳統酒店舒適和豪華的人。正如前面提到的 Booking 的最新業績部分説明的那樣。</p>
</div><p>As a leading player in the hotel industry, Hilton caters exceptionally well to the premium market segment by offering a blend of comfort and upscale locations that appeals to travelers seeking top-notch amenities. The company’s most recent Q1 results showcased the fact that demand in the market category is as strong as ever. Revenues increased 12.2% to $2.57 billion, driven by growth in its franchise and licensing fees division, thanks to an increase in the number of hotels under its brands and improved occupancy rates.</p>
<div class="lb-trans"><p>作為酒店業的領先參與者，希爾頓通過提供舒適和高檔位置的混合吸引了尋求頂級設施的旅行者。公司最近的第一季度業績展示了市場類別的需求依然強勁。收入增長了 12.2%，達到了 25.7 億美元，這得益於其特許經營和許可費部門的增長，這要歸功於其品牌下酒店數量的增加和入住率的提高。</p>
</div><p>But I really love Hilton stock because of the company’s efficient business model. With most of its 7,626 properties—housing about 1.2 million rooms—being franchised, Hilton has streamlined operations for maximum efficiency. These benefits were somewhat visible in Q1, with adjusted EPS growing by 23.4% to $1.53, significantly outperforming the top-line growth. From the look of current trends in the travel industry, it’s likely Hilton will keep experiencing strong growth throughout the rest of the year, making it a compelling travel stock to consider today.</p>
<div class="lb-trans"><p>但我真的很喜歡希爾頓的股票，因為該公司擁有高效的商業模式。希爾頓擁有大部分的 7626 家物業，約 120 萬間客房都是特許經營，使得運營更加高效。這些好處在第一季度已經有所體現，調整後的每股收益增長了 23.4%，達到 1.53 美元，明顯超過了營收增長。從當前旅遊行業的趨勢來看，希爾頓很可能在今年餘下的時間裏繼續保持強勁增長，使其成為一個值得考慮的旅遊股票。</p>
</div><p><em>On the date of publication, Nikolaos Sismanis held a long position in ABNB. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.</em></p>
<div class="lb-trans"><p>_在發佈日期，Nikolaos Sismanis 持有 ABNB 的多頭頭寸。本文表達的觀點屬於作者個人，遵守 InvestorPlace.com 的發佈準則。</p>
</div><p><em>On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
<div class="lb-trans"><p>_在發佈日期，負責編輯在本文提到的證券中沒有（直接或間接）任何持倉。</p>
</div><p>Nikolaos Sismanis is a professional research analyst with five years of experience in the field of equity research and financial modeling. Nikolaos has authored over 1,000 stock-related articles that focus on uncovering deep value opportunities, identifying growth stocks at reasonable valuations, and shining a spotlight on overlooked international equities.</p>
<div class="lb-trans"><p>Nikolaos Sismanis 是一位擁有五年股票研究和財務建模經驗的專業研究分析師。Nikolaos 撰寫了超過 1000 篇股票相關文章，重點關注發掘深度價值機會，識別合理估值的成長股，並關注被忽視的國際股票。</p>
</div><p>Consumer Discretionary, Travel</p>
<div class="lb-trans"><p>消費者自由裁量權，旅遊</p>
</div>

2024 年夏季值得購買的三大旅遊股票