Wyndham Locations Acquires Travel And Leisure Model
In fact, 20 corporations in the S&P 500 gained more than 9% on the day, with a dozen of those in travel, leisure, and hospitality businesses. The three greatest winners were cruise line corporations — Royal Caribbean RCL, Norwegian Cruise Line Holdings NCLH, and Carnival Corp CCL — that gained 16% or extra. In the travel business, Liberty TripAdvisor LTRPA jumped 13.5% whereas Park Hotels & Resorts PK, TripAdvisor TRIP, and Marriott International MAR gained 12.9%, 9.1% and seven.9%, respectively.
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The fund holds 29 shares in its basket with travel bookings & reservations firms accounting for 45% of …