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Omicron setback is a buying opportunity for tourism stocks, investor says

The dip in travel stocks following the emergence of a new Covid-19 variant is a temporary “setback” that presents some attractive buying opportunities within the sector, according to investor SpringOwl Asset Management. Travel and tourism stocks were hammered after the World Health Organization classified omicron a “variant of concern.” Several countries also moved to reimpose […]

By : ILIAS ELABDI Date : December 5, 2021 Category : Travel News & Insights Comments :
Trip.com, AirAsia and Oyo on tourism recovery from Covid

Ramping up vaccination rates for Covid-19 will help boost the recovery in the travel and tourism industry, a panel of experts told CNBC. Vaccination is the only comprehensive way to fight the impact of the coronavirus, Ritesh Agarwal, CEO and founder of Indian budget hotel chain start-up Oyo, told Nancy Hungerford during the virtual CNBC […]

By : ILIAS ELABDI Date : June 17, 2021 Category : Travel News & Insights Comments :
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