U.S. Global Investors CEO says travel sector volatility creating investment opportunity

U.S. Global Investors CEO Frank Holmes joined Steve Darling from Proactive to discuss the resilience of the global travel industry and why recent volatility in airline and tourism stocks may present a compelling investment opportunity. Holmes noted that while airline shares have faced pressure from geopolitical tensions and rising fuel costs, underlying travel demand remains robust. He pointed to strong passenger traffic and full flights as evidence that consumer appetite for travel continues to outweigh broader market concerns. “The numbers are coming out, Steve, and they're quite dramatically more positive than the negative sentiment,” Holmes said, adding that airlines have largely been able to pass higher fuel costs on to travelers without significantly impacting demand. The discussion focused on the company’s TripETF and broader trends across airlines, hotels, cruises, and tourism-related businesses. Holmes highlighted continued strength in international travel demand, parti...