The Flight Centre (ASX:FLT) share price is a “top pick” in the travel sector

Bell Potter believes that there could be a “step change” for travel demand in a post-COVID world. Furthermore, it retains the Flight Centre Travel Group Ltd (ASX: FLT) share price as its top pick in the travel sector. Its research report on 30 March retained a buy recommendation with a 12-month target price of $21.50. 

A recovery in the global travel industry remains in its early days.  In particular, the recovery is dependent on a successful roll-out of the COVID-19 vaccination in key markets.

Corporate business to drive earnings recovery 

The report is upbeat about Flight Centre’s corporate segment. In particular,…