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A New ETF Can Let You Bet on a Recovery in the Hotel Industry

(MENAFN - Baystreet.ca) There is a new exchange-traded fund (ETF) out there for investors who are bullish on the travel sector. The AdvisorShares Hotel ETF (NYSEArca:BEDZ) began trading on April 21 and it could be a great buy if travel picks up later this year.
The ETF is focused on a variety of travel-related properties, including gaming and leisure, and it even includes Airbnb (NASDAQ:ABNB). With vaccines being rolled out and consumers eager to get back to travelling and vacationing, BEDZ can be a great way to tap into that recovery. But even if it doesn t happen right away, it could be a good buy-and-hold investment. On the fund s page, it cites a source that claims the hotel industry will make a full recovery by 2023.The vast majority of the fund s exposure is to the U.S. market and the bulk of its stock fall into either the large cap (37%) or mega cap (40%) categories. The ETF s top holding is Vici Properties (NYSE:VICI), which has some of the hottest gaming and enter ....

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Herefords hit €3,300 on the double in Kilmallock

Herefords hit €3,300 on the double in Kilmallock 2021-04-27 ....

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World Bank reassures support for SL to build back better from COVID-19

Tuesday, 27 April 2021 - 11:28
The World Bank’s Country Director for Maldives, Nepal and Sri Lanka, Faris Hadad-Zervos, concluded a successful visit to Sri Lanka recently where he reiterated the World Bank’s commitment to support Sri Lanka’s efforts towards recovery and to build back better from the COVID-19 shock.
Based in Kathmandu, Nepal, this latest mission followed the Country Director’s introductory visit to Sri Lanka last November after assuming his new role in July 2020. Hadad-Zervos was joined by Chiyo Kanda, the Country Manager for Maldives and Sri Lanka, based in Colombo.
“Sri Lanka’s economy is on the road to recovery after the worst downturn on record last year. The World Bank stands ready to support the Sri Lankan Government as it strives to protect its people from the pandemic, while addressing the vulnerabilities in the macro-fiscal environment,” said Faris. H. Hadad-Zervos, the World Bank Country Director for Maldives, Nepal and Sri Lanka ....

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Jorge Masvidal 'more than willing' to face Nick Diaz after beating brother Nate at UFC 244 – just days after Kamaru Usman knocked him out cold

brotherly love
Jorge Masvidal ‘more than willing’ to face Nick Diaz after beating brother Nate at UFC 244 – just days after Kamaru Usman knocked him out cold
Joe Coleman
Updated: 27th April 2021,
12:38 pm
Jorge Masvidal is ‘more than open to throw down’ with the returning Nick Diaz after the former welterweight contender was spotted at UFC 261.
Diaz has not fought since January 2015 when he fought Anderson Silva in the main event of UFC 183, a fight which the Brazilian edged on the scorecards.
Getty images - getty
Nick Diaz is open to a UFC return and Jorge Masvidal could be his opponent ....

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Covid 19 coronavirus: Another hurdle for Kiwis in India trying to get home

Covid 19 coronavirus: Another hurdle for Kiwis in India trying to get home
27 Apr, 2021 05:00 PM
4 minutes to read
India is fighting a devastating second wave of Covid-19 that is killing thousands each day. Video / AP
India is fighting a devastating second wave of Covid-19 that is killing thousands each day. Video / AP
Kiwis in India still allowed to fly here under tough new travel rules are facing fresh hurdles in their bid to escape from the Covid-ravaged country.
Auckland father Siva Vemuri is desperately trying to reunite his family spread between New Zealand and the subcontinent.
It comes as a fresh wave of Covid-19 has been devastating India. ....

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