Omicron isn't hurting travel stocks. Here's why

Despite the Omicron variant of Covid-19, some travel restrictions and event cancellations, it seems many Americans are still getting ready to go away for the holidays — and planning much-needed vacations for 2022. That's been great news for the beleaguered travel sector.
Shares of cruise line operators Carnival and Norwegian, online travel firms Expedia and Booking and casino/hotel companies Caesars and MGM have all surged between 6% and 12% in the past five days, making them among the top performers in the S&P 500. Royal Caribbean, American, United, Delta, Marriott, Hilton, Penn National Gaming and Host Hotels have also posted solid gains in the past week.
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