Shares in travel firms are plummeting as Iranian counter-attacks on the US and Israel target vacation spots such as Dubai and Abu Dhabi.
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In a letter, Elliott said that they see a path for the stock to hit $56 per share, a roughly 159% increase from its current price.
The choppy waters predicted for the cruise industry this year were based on the very real risks of trade wars and real wars.
2025 is projected to be an unusually terrible year for the US travel industry — and only the US travel industry.