Tuesday, May 26, 2020

European Airline, Hospitality Stocks Surge Amid Talks of Lifted Travel Restrictions

Trevor Hannant / Wikimedia

European travel stocks surged Tuesday amid reports countries like Spain and Germany would ease travel restrictions ahead of the summer. Trevor Hannant / Wikimedia



Skift Take: A V-shaped recovery still seems overly optimistic, but reports of eased travel restrictions and low infection rates amid businesses reopening is a strong argument for something more accelerated than an L-shaped recovery to Europe’s travel sector. That was enough to convince investors.

— Cameron Sperance

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