Tracking the Fallout: Which Travel Stocks are Sinking Most on Monday?
Photo Credit: World markets on a tablet screen. Adobe Stock / mario beauregard
Skift Take
Global travel stocks are being battered once again on Monday, with some of the industry's biggest names reporting double-digit same-day declines.
Shares in many of the world’s leading travel companies sank on Monday, compounding last week’s heavy losses. Markets in Asia, the Middle East, and Europe dropped sharply, with the Hang Seng index in Hong Kong closing down more than 13% – its worst one-day fall since the 1997 Asian financial crisis.
Investors continue to be spooked by the introduction of worldwide tariffs on goods entering the United States. Even before Wall Street opened, U.S. futures were sharply down.
With local insights from around the world, Skift’s global team of reporters help make sense of a turbulent day for many of the travel industry’s biggest names:
A Brutal Day for Asian Travel StocksAsian equity markets saw a broad and severe sell-off on Monday. Investor sentiment was rattled by growing concerns over slowing global growth, rising geopolitical tensions, and regulatory pressures.
Hong Kong’s Hang Seng index led the rout, falling 13.2% by the c
