COVID testing requirement ending for all travelers to the U.S. - Bloomberg
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The CDC is set to announce today that the U.S. will end its requirement that passengers have a negative COVID test prior to departure effective June 12, Bloomberg reported.
The change had been championed for months by travel and leisure execs -- and in particular airline CEOs -- who said the requirement was putting a damper on demand from overseas.
Major airline stocks: Delta Air Lines (NYSE:DAL), United Airlines Holdings (NASDAQ:UAL), American Airlines Group (NASDAQ:AAL).
Major hotel stocks: Marriott International (NASDAQ:MAR), Hilton Worldwide Holdings (HLT).
Check out what soaring airfares mean for airline stocks.