Why Expedia Group and Other Travel Stocks Are Sinking Tuesday
Key Points
- Expedia Group stock is one of the largest sellers in the S&P 500, down about 8%.
- Several airlines cut out the first quarter outlook at an industry meeting Tuesday, citing weak travel demand.
- The warning also impacts Expedia competitors and other travel industries, including hotels and cruise companies.
Shares of Travel Giant Expedia Group (ExpeMany of the largest airlines in the country cut their first quarter of 2025 forecasts after Tuesday’s sinking.
Delta Air Lines ahead of Tuesday’s industry meeting ((Dahl), American Airlines (AAL) and Southwest Airlines (like) Each reduced estimate For income, earnings per share (EPS) and Available seat miles. Every airline says the uncertain macroeconomic environment and bad weather like California wildfires in January are affecting demand.
But Southwest Airlines is one of the few travel stocks in active territory After the announcement New revenue changes, such as the introduction of baggage fees.
Booking, hotels, cruises are also low
The warning also hits travel inventory across the booking industry, such as booking holdings (bkng) and several hotels (such as Hyatt Regency) (h), Hilton Global Holdings (HLT) and Marriott International (March) All went bankrupt on Tuesday and joined Expedia.
Other travel inventory in Norway has also been affected Cruise property(NLH), Carnival Company (CCL) and Viking Holdings (Vick) has also declined recently.
Expedia Stock is one of the biggest sellers S&P 500 It fell 8% in Tuesday afternoon trading.