EATZ - Resurgent COVID-19 Pressuring Airline Hotel Entertainment Stocks
- Refinitiv has seen big spikes in Eikon Usage data for airline, hotel and entertainment stocks as vaccination rates continue to rise.
- Still, as COVID concerns return, these re-opening stocks keep being pushed back. These industries remain vulnerable as new variants, including the Delta variant, spread and cause spikes in COVID-19 cases.
- Due to these headwinds, analysts polled by Refinitiv believe 2021 will be more of a transition year and then we might start seeing a recovery in 2022/2023.
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Resurgent COVID-19 Pressuring Airline, Hotel, Entertainment Stocks