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Tourism-related stocks enjoy lift amid easing of Covid-19 restrictions 

Uma Devi

Uma Devi

Published Mon, Jul 18, 2022 · 05:50 AM
    • Year to date, flag carrier Singapore Airlines is up 4.4 per cent as air travel picked up across many countries globally.
    • Year to date, flag carrier Singapore Airlines is up 4.4 per cent as air travel picked up across many countries globally. Photo: REUTERS

    TOURISM-RELATED companies listed on the Singapore Exchange have mostly had a good run so far this year, with the easing of the Covid-19 restrictions both in Singapore and around the world. 

    The easing of restrictions related to travel and safe distancing, as well as the gradual resumption of larger-scale activities in many countries, have boosted the stock prices of listed companies in the aviation and hospitality sectors.

    Resort operator Genting Singapore has garnered some attention. Reports emerged on Friday (Jul 15) that MGM Resorts International has approached the company’s controlling shareholder, the billionaire Lim family, to express interest in a deal.

    TourismSingapore StocksCasinosAviationSingapore Airlines

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