International and domestic travel has returned and growth in demand for leisure travel continues as travellers book more complex travel with longer lead times and higher average per person spend. Continuing to fuel the importance and value of the trusted advisor in making leisure travel arrangements
• Throughout 2024 we will see an increase in air capacity and lower fares in general as well as an increase in cruise operations with more capacity in Australia, New Zealand and globally • Positive market indicators:
➢ 40% of Australians aged 55-64 own their own home outright, increasing to 70% for the over 65s
➢ CBA analysis shows that over-55s are spending more than any other age cohort, even as they save more
➢ Quarterly interest income on household savings at a record $21.1bn
➢ Inter-generational wealth transfer
HLO Price at posting:
$2.92 Sentiment: Buy Disclosure: Held
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