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Stock impact report

AI Disruption Trade Drives Divide in Travel and Leisure Stocks [Yahoo! Finance Canada]

TripAdvisor, Inc. (TRIP) 
Last tripadvisor, inc. earnings: 2/12 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tripadvisor.com/investor-relations
(Bloomberg) -- Fears around AI disruption have created a dramatic divide in the travel and leisure sector, with the stocks of online-booking platforms collapsing while traditional hotel operators have rallied. The price action has been stark: TripAdvisor Inc. has plunged 29% this year, sinking to an all-time low this week after its earnings disappointed. Booking Holdings Inc. and Amadeus IT Group SA have each lost 22% this year. The latter was downgraded by Citi analysts, who said they don't expect much “near-term payback” from the European travel tech provider due to increased AI-disruption risks. Most Read from Bloomberg By contrast, Marriott International Inc. has surged 14% and Hilton Worldwide Holdings Inc. has gained 12%, with analysts raising price targets on Hilton following its Feb. 11 earnings report, according to data compiled by Bloomberg. The selloff in some travel names accelerated in early February, as investors fled firms perceived as vulnerable to AI upheaval Show less Read more
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