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People are hitting the roads and airports for Spring Break trips this coming week and are already starting to make plans for the summer.

And that's good news for companies like Airbnb and its home sharing rival Vrbo, which is owned by online travel giant Expedia. Airlines and hotel stocks have surged as well.

A resurgence in vacations could lift all boats in the sector. Hurst, who also serves as Expedia's co-lead of marketing, said the company's numerous other brands, which include Hotels. People are interested in going to Las Vegas again," Hurst said, adding that there is a certain degree of freedom that people who have already gotten coronavirus shots now feel.

But there will be also some people that will want to drive a few hours to go to a rental house in the woods as opposed to flying to a beach or mountain resort and staying in a fancy hotel. Hurst said Vrbo, which was founded in as Vacation Rentals By Owner, is off to its best start to a year in a quarter century in the United States, adding that people are also starting to book summer trips significantly earlier than usual.

Airbnb is booming too. Places like southern Maine, the Jersey Shore, the suburbs of Austin, northern Arizona and � of course, the beaches of Florida � are hot spots for travelers, according to Airbnb. Vrbo's Hurst said that another trend he is seeing is the rise of the so-called "flexcation.

The increased work from home trend and availability of virtual schooling is making it more desirable for people to be away from home for several weeks Investors will be looking to see if the economy can improve on the , jobs created in February. Figures for March will be published at a. ET on Friday. How will investors react? At least not right away.

US markets will be closed for Good Friday, which is not a federal holiday. The unemployment rate now stands at 6. But there could be more improvement on Friday. Capital Economics said the labor market recovery probably "kicked into a higher gear" in March, driven by a rebound in leisure and hospitality hiring as states including Texas lifted restrictions on businesses and restaurants.

Capital Economics predicts that , jobs were added to the economy in March, which would be the best month since September. Breaking News:. Share this article: facebook twitter email.

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