** Brokerage Telsey Advisory Group says global travel demand rose 5% y-o-y in Q2, stabilizing as economic uncertainty subsides

** Says international travel remained strong, especially in Asia Pacific and Latin America

** Notes domestic airline demand improved to 2.4% YoY in Q2, from 1.7% in Q1

** July 2025 marked a turning point with reduced economic uncertainty and improved travel outlook- brokerage

** Says premium and luxury travel segments remain resilient, while leisure and business transient travel slowed and business travel remains under pressure

** Shares of American Airlines AAL.O have lost 24% YTD, as of last close, while Delta Airlines DAL.N dipped 0.4%; United Airlines UAL.O has gained 3.9% over the same period

** Hilton HLT.N up 8.3% YTD, as of Friday's close, while Hyatt H.N and Marriott MAR.O have lost 10% and 4.9% over the same period

(Reporting by Anuj T in Bengaluru)

((anuj.t@thomsonreuters.com))