Here are the best ASX travel stocks yet in 2021

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The travel / tourism sector was one of the sectors hardest hit by the pandemic over the past year. When international travel came to a standstill and even domestic restrictions were put in place, travel stocks listed on the ASX declined.

While 2021 had its share of bans and restrictions, the travel industry is on the up again.

At the time of writing, Australia has given 6.59 million COVID-19 vaccine doses. Currently 3.4% of the population is fully vaccinated.

We now have the Trans-Tasman travel bubble with New Zealand, and Singapore is set to become a travel bubble with Australia in the future.

With that in mind, now seems like a good time to check out the ASX travel stock that has shipped so far in 2021.

Top 3 ASX travel stocks

Alliance Aviation Services Ltd (ASX: AQZ)

Alliance Aviation is a Queensland-based airline specializing in charter and group travel. The airline provides transportation for a range of clients from the resource sector, government, tourism, etc.

The disruption to the aviation industry from COVID-19 has opened up an opportunity for Alliance over the past 18 months.

As the essential services were promoted, this ASX travel participation filled the gap in the demand for important means of transport, for example for FIFO employees. Unsurprisingly, Alliance reported a 176.4% increase in charter revenue for the first half of FY21.

Since then, Qantas has signed a wet lease agreement for up to 14 Alliance aircraft from mid-2021. Other catalysts include Santos Ltd (ASX: STO) and BHP Group Ltd (ASX: BHP) Signing of contract renewals for charter services.

Alliance Aviation’s share price has brought shareholders 17.7% so far this year … Not too shabby.

Corporate Travel Management AG (ASX: CTD)

The provider of business travel solutions, Corporate Travel Management (CTM), wins silver for the best travel share so far in 2021.

Although the company’s sales have plummeted after the border closings, corporate travel management is making a comeback with a focus on domestic operations. In its report for the first half of fiscal year 21, CTM stated that it could return to profitability only on domestic travel.

In addition, over the years, CTM has expanded its presence in the United States beyond that in Australia. The northern hemisphere accounts for 80% of consolidated sales, which is a good sign when the US has 45.7% of its population fully vaccinated.

This ASX-listed travel stock rides on the reopening rebound. At the time of writing, Corporate Travel Management’s stock is up 20.9% this year.

SeaLink may be the only ASX-listed travel stock to see a significant increase in sales as of January 2020. The company offers transportation and tourism experiences for its international bus and ferry services.

A timely acquisition of the Transit Systems Group (TSG) in January 2020 reduced the company’s risk from the pandemic. In addition to international bus operations in London and Singapore, TSG has brought established public bus routes in Australia on board.

The acquisition increased SeaLink’s annualized non-discretionary revenue to 91%. In addition, the company won, started and extended additional contracts in the course of 2020.

As a result, total revenue for the first half of FY21 increased 329.5% to $ 570.8 million. Meanwhile, net income after taxes rose 266.4% to $ 32 million.

Shareholders are clearly flocking to SeaLink Travel Group this year. At the time of writing, that ASX travel share has increased 40.5% so far in 2021. Pretty good for a travel stock during a global pandemic.



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