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SIX - Travel Stocks: Sorting Possible Winners And Losers
Six Flags Entertainment Corporation
It's easy to find metaphors and allusions for all segments of the travel industry.
One could say: Cruise stocks sink to new lows, train shares are derailed, airline stocks nosedive, hotel shares extend no hospitality, casinos play craps, roll snake eyes, theme parks on a roller coaster down. This is fodder for newspaper headline writers.
But the hit to all travel-related sectors is, unfortunately, nothing to joke about. The global travel and tourism industry employs about one-tenth of the global adult workforce, which is at least 350 million people and it accounts for at least