Weekly Travel Comps
16 June 2025
Stock Price Movement: Despite a mid‑week lift from softer inflation and better trade headlines, escalating Middle East tensions in the final session sent all major indexes modestly lower Dow down ~1.3%, S&P 500 off ~0.4%, and Nasdaq off ~0.6% for the week. Coverage universe was down 1-11%
Key events during the previous week:
MGM Resorts: Yahoo Sports, BetMGM enter historic partnership in sports betting; MGM Resorts strikes new cruise partnership for loyalty rewards
Expedia: Amazon, Walmart, and Expedia consider issuing stablecoins to sidestep costly card fees
Airbnb: Airbnb teams up with FIFA for three World Cups and global fan stays; Airbnb, Booking.com, OYO and Vrbo Seeing Massive Market Growth in Alternative Accommodation: A Dynamic Shift?
Booking.com: Etraveli Group and Booking.com extend strategic partnership
Trip.com: New Zealand announces visa waiver for Chinese travelling from Australia; India, China to expedite resumption of direct flights suspended since 2020
Ryanair: Ryanair to buy 30 new jet engines from CFM for $500 million
Vail Resorts: Vail Resorts CEO Rob Katz says European ski resorts would benefit from a megapass