U.S. Global Investors CEO Frank Holmes joined Steve Darling from Proactive to discuss the ongoing momentum in the global travel sector and its impact on two of the firm's flagship exchange-traded funds: JETS, listed on the New York Stock Exchange, and TRIP, listed on the London Stock Exchange. Holmes highlighted that both ETFs are powered by smart beta strategies, targeting companies with strong revenue momentum despite what he described as a “negative narrative” surrounding the travel and airline industries. “Even though the fundamentals are so strong, there's a negative narrative towards travel and airlines,” Holmes noted, emphasizing a disconnect between media sentiment and underlying performance data. He pointed out that U.S. gasoline prices remain below last year’s levels—a positive driver for both consumer travel and airline margins. This has coincided with a surge in travel demand, with a Deloitte survey showing more than half of Americans plan to take summer vacations. Holmes also noted a significant rebound in European travel, citing recent comments from Ryanair’s CEO and the growing economic influence of digital nomads, now estimated to number around 40 million globally. Beyond air travel, Holmes highlighted a resurgence in the cruise industry, which he said is benefitting not only from pent-up demand for experience-based travel but also from airline-linked travel activity needed to reach cruise ports. He remains “extremely bullish” on travel-related industries and expects continued upside for both the JETS and TRIP ETFs through the second half of the year. #proactiveinvestors #usglobalinvestorsinc #nasdaq #TravelETFs #JETS #TRIPETF #FrankHolmes #USGlobalInvestors #AirlineStocks #CruiseStocks #SmartBeta #TravelBoom #ProactiveInvestors