News Formal

A bearish options trade that pays off if hotel stocks start to feel a travel slowdown like airlines

  • 📰 CNBC
  • ⏱ Reading Time:
  • 3 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Airline stocks have already lost about a third of their value in the last three months, yet hotel shares have held up fairly well.

As airlines continue to add capacity after a year of record demand for revenge travel, consumer demand after the pandemic is showing signs of slowing. Prices for many routes in 2024 are now priced significantly lower than this previous summer for both economy and business class tickets. Interest in travel across Europe and Asia is looking softer into 2024. .

Click here for the full disclaimer.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ryanair shares rise on airline’s dividend plan, Organigram soars on investment and Tesla declinesThese are the stocks on the move on Monday
Source: MarketWatch - 🏆 3. / 97 Read more »