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Dan Niles says he’s betting big on travel and leisure stocks, still sees upside ahead

The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019.
Charles Platiau | Reuters

Hedge fund manager Dan Niles told CNBC on Tuesday he's been buying travel and leisure stocks, betting strong consumer demand heading into the summer will the propel the shares higher.