The short version

Scott Galloway predicted on January 4, 2024: “I also think that the travel market is going to continue to boom because a large portion of 20 and 30-somethings have effectively given up on saving for a house, so they spend the money on going to Coachella or going to Thailand. So I think you're going to see travel stocks continue…

Prediction by

Scott Galloway

On January 4, 2024

“I also think that the travel market is going to continue to boom because a large portion of 20 and 30-somethings have effectively given up on saving for a house, so they spend the money on going to Coachella or going to Thailand. So I think you're going to see travel stocks continue to boom.”

Follow-up

Global travel demand remained robust in 2024, aligning with the 'continue to boom' narrative. However, the specific forecast that share prices of companies like Booking.com and Expedia would 'explode' in 2024 was overstated, with performance being generally positive but not spectacular.

From the High Caliber AI network — see the AI for PR module in the course.