Airline, hotel, cruise stocks fall on Covid

airline hotel cruise stocks fall on covid

Sumary of Airline, hotel, cruise stocks fall on Covid:

  • PHILADELPHIA: Air travel in the United States hit another pandemic-era record over the weekend as vacationers jammed airports, but shares of airlines, cruise lines, hotels and almost anything else related to travel tumbled on Monday on growing concerns about highly contagious coronavirus variants.
  • But investors weren’t celebrating the latest evidence of a recovery in travel since vaccines against Covid-19 became widely available in the US Stocks fell broadly – the Dow Jones Industrial Average lost 2.1 percent – on concern about rising infections in many countries, and airline and cruise line stocks were hit especially hard.

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