Travel-related firms jump after US, Iran agree to two-week ceasefire

ReutersApr 8, 2026 8:51 AM

Shares of U.S. travel firms jump in premarket trading as oil prices LCOc1, CLc1 plunge about 15% after U.S. President Donald Trump agrees to a two-week ceasefire with Iran

Cruise operators Carnival CCL.N, Norwegian Cruise Line Holdings NCLH.N and Royal Caribbean RCL.N up 7.7% to 9.9%

U.S. airline stocks also surge

Online travel agencies Booking Holdings BKNG.O, Expedia Group EXPE.O, Tripadvisor TRIP.O up between 4.5% and 5.2%

Vacation rental company Airbnb ABNB.O up 3%, Marriott International MAR.O, Hyatt Hotels H.N, Hilton Worldwide HLT.N, Wyndham Hotels WH.N up 1.5% to 4.6% in thin trading

Major resort operator Walt Disney DIS.N rises 2.1% while Las Vegas Sands LVS.N gains 3.5%

The sector had been under pressure since the conflict erupted in late February as global flight routes were disrupted and key Middle Eastern hubs were shut, while soaring oil prices added to concerns about higher fuel costs

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