Travel Agency Investors Cautiously Optimistic After Delta Report -- Market Talk

Dow Jones

Jul 11, 2025

1403 ET - Online travel agencies got a little boost from Delta's 2Q results, but the investor reaction is muted due to mixed signals about travel. Expedia rises 5%, while Airbnb and Booking Holdings are up less than 1%. Benchmark analyst Daniel Kurnos says data points about travel show conflicting trends, with some showing a drop in overseas visits to the U.S. That's making it difficult to extrapolate Delta's report about stabilizing demand to travel agencies, even though the two industries have historically performed similarly. The one consistent narrative is that budget-conscious travelers are still pulling back, while wealthier consumers continue to spend, which Kurnos believes will bleed into travel agencies. (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

July 10, 2025 14:03 ET (18:03 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2550788886"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2550788886\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2550788886?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-11 02:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2550788886","market":"sg","top_or_hot":-1,"title":"Travel Agency Investors Cautiously Optimistic After Delta Report -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1403 ET - Online travel agencies got a little boost from Delta's 2Q results, but the investor reaction is muted due to mixed signals about travel. <a href=\"https://laohu8.com/S/EXPE\">Expedia</a> rises 5%, while Airbnb and <a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a> are up less than 1%. Benchmark analyst Daniel Kurnos says data points about travel show conflicting trends, with some showing a drop in overseas visits to the U.S. That's making it difficult to extrapolate Delta's report about stabilizing demand to travel agencies, even though the two industries have historically performed similarly. The one consistent narrative is that budget-conscious travelers are still pulling back, while wealthier consumers continue to spend, which Kurnos believes will bleed into travel agencies. (katherine.hamilton@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 10, 2025 14:03 ET (18:03 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Travel Agency Investors Cautiously Optimistic After Delta Report -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTravel Agency Investors Cautiously Optimistic After Delta Report -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-11 02:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1403 ET - Online travel agencies got a little boost from Delta's 2Q results, but the investor reaction is muted due to mixed signals about travel. <a href=\"https://laohu8.com/S/EXPE\">Expedia</a> rises 5%, while Airbnb and <a href=\"https://laohu8.com/S/BKNG\">Booking Holdings</a> are up less than 1%. Benchmark analyst Daniel Kurnos says data points about travel show conflicting trends, with some showing a drop in overseas visits to the U.S. That's making it difficult to extrapolate Delta's report about stabilizing demand to travel agencies, even though the two industries have historically performed similarly. The one consistent narrative is that budget-conscious travelers are still pulling back, while wealthier consumers continue to spend, which Kurnos believes will bleed into travel agencies. (katherine.hamilton@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 10, 2025 14:03 ET (18:03 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1267930227.SGD","symbol_name":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2550788886","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2550788886","pubTimestamp":1752170580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1403 ET - Online travel agencies got a little boost from Delta's 2Q results, but the investor reaction is muted due to mixed signals about travel. Expedia rises 5%, while Airbnb and Booking Holdings are up less than 1%. Benchmark analyst Daniel Kurnos says data points about travel show conflicting trends, with some showing a drop in overseas visits to the U.S. That's making it difficult to extrapolate Delta's report about stabilizing demand to travel agencies, even though the two industries have historically performed similarly. The one consistent narrative is that budget-conscious travelers are still pulling back, while wealthier consumers continue to spend, which Kurnos believes will bleed into travel agencies. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","BK4008":"航空公司","BK4211":"区域性银行","EXPE":"Expedia","BK4500":"航空公司","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","DAL":"达美航空","BK4585":"ETF&股票定投概念","BK4588":"碎股","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","ISBC":"投资者银行","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","ABNB":"爱彼迎","BKNG":"Booking Holdings"},"translate_title":"达美报告后旅行社投资者谨慎乐观——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BKNG":0.9,"ABNB":0.9,"EXPE":0.9,"DAL":0.9,"ISBC":1},"content_text":"1403 ET - Online travel agencies got a little boost from Delta's 2Q results, but the investor reaction is muted due to mixed signals about travel. Expedia rises 5%, while Airbnb and Booking Holdings are up less than 1%. Benchmark analyst Daniel Kurnos says data points about travel show conflicting trends, with some showing a drop in overseas visits to the U.S. That's making it difficult to extrapolate Delta's report about stabilizing demand to travel agencies, even though the two industries have historically performed similarly. The one consistent narrative is that budget-conscious travelers are still pulling back, while wealthier consumers continue to spend, which Kurnos believes will bleed into travel agencies. (katherine.hamilton@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  July 10, 2025 14:03 ET (18:03 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}