Tourism : Beach stocks fly high: travel and tourism firms return six times more for shareholders than global equities
Tuesday, June 4, 2024
eToro analysis looked at recent performance of so-called ‘beach stocks’ - bookings, entertainment, airlines, cruises, and hotels Global and European beach baskets returned 46% and 24% respectively in past year vs 7% for global equities Best performers included cruise firm Royal Caribbean (84%) and Delta Airlines (54%) As summer holidays approach ...