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0.00127713920817359 0.00212856534695618 -1.06428267348316E-05 -0.00808854831843343 -0.0214985100042572 -0.0336313324819072 -0.033205619412516 -0.0315027671349511
Stock impact report

Breakingviews - Saving the summer holiday will require creativity [Reuters]

Hyatt Hotels Corporation Class A (H) 
Last hyatt hotels corporation class a earnings: 2/19 04:30 pm Check Earnings Report
Company Research Source: Reuters
Breakingviews - Saving the summer holiday will require creativity MILAN (Reuters Breakingviews) - The race to save the summer holiday is on. Quarantines and travel curbs to contain the pandemic will constrain holidaymakers and hurt the $1.6 trillion tourism industry. With some creative thinking, however, the season could be partly saved. The gradual lifting of lockdowns across Europe and Asia offer some hope of an end to what Hyatt Hotels on Tuesday called a “historic” drop in travel demand. Low-cost airline Ryanair wants to resume 40% of flights in July. Fosun-owned tour operator Club Med reopened resorts in China in April. And Marriott reported nearly 50% occupancy at U.S. beach retreats. The industry’s fortunes will however depend on governments lifting travel controls and 14-day quarantines for arrivals from abroad. Mindful that tourism brings in 10% of the European Union’s annual GDP, the European Commission on Wednesday proposed a gradual relaxation of border checks and safety g Show less Read more
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