European travel stocks are still nowhere near their pre-coronavirus levels

European travel stocks are still nowhere near their pre-coronavirus levels

A sign indicating beach at full capacity stands at Bogatell beach in Barcelona, Spain.

Bloomberg

European travel and leisure stocks have rebounded in recent weeks but still have a long way to go before returning to pre-crisis levels.

The Stoxx 600 travel and leisure sector, which covers 16 companies, sank 42% in the first quarter of 2020. This was on the back of lockdown measures across…

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