Travel & Leisure

5 Travel Stocks to Buy in a Tricky Environment

The open road is calling, but the Delta variant of COVID-19 has something to say, too. And that’s putting travel stocks in a sticky wicket.

Americans clearly want to travel. Hotel research group STR notes that by early August, average hotel occupancy had bounced back to roughly 64% – just about 9% below pre-pandemic figures, and a sharp improvement from the COVID lows. TSA data also shows that airline travel has remained swift, hovering just below 2 million passengers a day for much of the summer.

However, the highly contagious Delta variant has prevented the U.S. from bursting into a

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You’re Banned From Traveling Here as of Monday, Even If You’re Vaccinated

If you’re considering taking a big vacation anytime soon, your options may be limited, especially if you’re planning to go anywhere in Europe. On Aug. 30, the European Council of the European Union, one of the governing bodies of the 27-member European Union, dropped the United States from its “safe list,” a list of countries that could travel to the E.U. with little to no restrictions. The U.S. had been on the E.U.’s safe list since June, but as COVID numbers across the U.S. began to rise with the spread of the Delta variant, the European Council recommended its

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Turkish Hotels to Close Early After UK ‘Red List’ Dashes Hopes | World News

By Ceyda Caglayan and Canan Sevgili

ISTANBUL (Reuters) – When Britain announced Turkey would stay on its “red list” of travel destinations last week, Onur Arican decided to close his boutique hotel on the Aegean coast early this year rather than wait out a summer season derailed by COVID-19 and wildfires.

In 2019, Britain was Turkey’s third-biggest source of tourists with 2.5 million visitors that year, most of whom flocked to the Turquoise Coast near Bodrum and Marmaris, where Arican runs his 19-room Mavi Yengec hotel.

This year the number of British guests was down by two thirds compared to

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Downtown San Jose hotel could be expanded, homes added next door

SAN JOSE — The owner of a hotel in downtown San Jose has proposed an expansion of the hotel and the development of dozens of condominiums on an adjacent site.

The Hotel Clariana, located at the corner of East Santa Clara Street and South Third Street in downtown San Jose, could be expanded and residential units would be developed next to the hotel on a parcel that fronts on South Fourth Street, according to a very preliminary proposal on file with city planners.

“We’re not completely sure when we are going to develop the extension of the hotel, but we

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