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Stock impact report

Fitch Sees Asian Tourism Rebounding to Pre-Covid Levels by 2025 [BNN Bloomberg (Canada)]

Las Vegas Sands Corp. (LVS) 
Last las vegas sands corp. earnings: 4/22 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.sands.com/ir-home/default.aspx
Company Research Source: BNN Bloomberg
The Asia and Pacific region had a slower recovery from the pandemic than the rest of the world, the ratings company said in a report, citing data showing the Middle East, Africa, Europe and the Americas have already either exceeded or are on course to beat pre-Covid tourist arrivals in the first half of this year. Thailand this week said foreign tourist arrivals surged 37% to 16.2 million in the year through June 16, with Chinese accounting for 3.2 million of those visitors. Both companies and analysts have said the rebound in travel will help both profits and regional economies, particularly in tourist destinations in Southeast Asia. “This year's expected leap in visitors from abroad could power a double-barreled growth boost not only to Southeast Asia's tourism industry but also to its broader economy,” Bloomberg Intelligence analyst Sufianti said in a May 28 note. “Thailand could get the biggest boost given its notable income from foreign visitor receipts.” That's leading so Show less Read more
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