MAR - Travel and leisure stocks bounce back from oil and war fears

Travel, leisure and lodging stocks broke higher on Tuesday as investors latched on to hopes that higher gas prices and the European war headlines will not cut deeply into spring and summer demand. Updates from Alaska Air Group on capacity and Booking Holdings on demand early in the day were better than feared and helped to boost sentiment. Gainers included TripAdvisor (TRIP +13.0%), Airbnb (ABNB +8.3%), Expedia Group (EXPE +7.3%), Norwegian Cruise Line Holdings (NCLH +6.9%), Lindblad Expeditions (LIND +5.6%), Booking Holdings (BKNG +5.6%), Carnival (CCL +4.8%), Planet Fitness (PLNT +7.7%), Six Flags Entertainment (SIX +7.3%), Drive Shack (DS +5.7%), Xponential Fitness (XPOF +13.2%), Hilton Worldwide (HLT +6.4%), InterContinental Hotels Group (IHG +5.2%), Marriott International (MAR +6.4%), Choice Hotels International (CHH +4.3%), Hyatt Hotels (H +5.9%), SkyWest (SKYW +14.5%), Mesa Air Group (MESA +11.1%), Sun Country Airlines (SNCY +11.5%), American Airlines Group (AAL +9.0%), Southwest Airlines (LUV +8.1%), Allegiant Travel

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Travel and leisure stocks bounce back from oil and war fears