Online ticket, hotel booking firms caught in Boeing turbulence
12/03/2019 17:41
** Shares of online travel and hotel booking companies drop
in the aftermath of the Boeing 737 MAX crash on Sunday
** A growing number of countries ban or ground the plane,
while some anxious travelers rush to find out from social media
and travel agents if they are booked on a 737 MAX urn:newsml:reuters.com:*:nL3N20Z3D0
urn:newsml:reuters.com:*:nL3N20Z0R6
** U.S. travel firm Expedia EXPE.O drops 1.2 pct, while
Germany's Trivago TRVG.O slides 2.2 pct; EXPE posted a slight
rise on Monday, while TRVG notched a slight fall
** China travel website operator Ctrip.com CTRP.O declines
1.6 pct, snapping a 2-day winning run
** Indian online travel agency MakeMyTrip MMYT.O slides
5.3 pct, while Yatra Online YTRA.O is down 1.4 pct
** Both stocks had gained Monday, with Yatra surging after
Ebix EBIX.O makes a buyout offer urn:newsml:reuters.com:*:nL3N20Y3A4
** But industry giant Booking Holdings BKNG.O is gaining
0.6 pct after three straight session of losses
(Reporting by Savio D'Souza)
((RM:savio.dsouza.thomsonreuters.com@reuters.net))