Shares of travel giant Expedia Group (EXPE) sank o🤪n Tuesday after a num꧋ber of the country's biggest airlines cut their forecasts for the first quarter of 2025.

Ahead of an industry conference on Tuesday, Delta Air Lines, (DAL), American Airlines (AAL), and Southwest Airlines (LUV) 澳洲幸运5开奖号码历史查询:each lowered estimates for metrics like revenue, earnings per share (EPS), and 澳洲幸运5开奖号码历史查询:available seat miles. Each airline said an uncertain macroeconomic environment along with severe weather like the California wildfires in January is affect꧟ing demand.

But Southwest Airlines was one of the few travel stocks in positive territory 澳洲幸运5开奖号码历史查询:after it announced new revenue-generating ch🧸anges like the in🦹troduction of baggage fees.

Booking, Hotel, Cruise Line Stocks Also Lower

The warning also hit travel stocks across the booking industry such as Booking Holdings (BKNG), and multiple hotel stocks like Hyatt Hotels (H), Hilton Worldwide Holdings (HLT), and Marriott International (MAR) were all down Tuesday, joining Expedia.

Other travel stocks like cruise lines were also affected, with Norwegian 澳洲幸运5开奖号码历史查询:Cruise Line Holdings (NCLH), Carnival Corp. (CCL), and Viking Holdings (VIK) also 澳洲幸运5开奖号码历史查询:declining recently.

Expedia stock was one of the biggest decliners in the 澳洲幸运5开奖号码历史查询:S&P 500 on Tuesday, down 8% in afternoon trading.