Is This a Value Stock?

When the Covid-19 and economic crises hit, it was like the proverbial load of bricks landing on the travel industry. The share price of Booking Holdings Inc. (NASDAQ:BKNG), a broker of hotel, flight and other travel services, dropped dramatically; the pessimism of shareholders was confirmed when its first-quarter 2020 financial results were released:

  • The value of first-quarter gross travel bookings fell 51% from a year earlier.
  • A net loss of $699 million as compared with net income of $765 million the year before.
  • On an earnings per share basis (diluted), it was minus $17.01 per share, compared to positive $16.85
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Thinking About Flying With Kids? Here’s What to Consider Before You Book That Flight

Two Children Excitedly Watch as Planes Land at the Airport
Two Children Excitedly Watch as Planes Land at the Airport

With social-distancing regulations loosening across the United States, parents may be wondering when it’ll be safe to fly with the kids again. Although the CDC outlined safety measures in the beginning of the COVID-19 outbreak, not much has changed in terms of guidelines. However, TSA hopes to put new airpot regulations into effect by mid-June, as the number of people boarding flights has been slowly increasing. The bottom line? Only fly with your family if you absolutely need to.

Related: Should You Put Your Kids Back in Day Care? An

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UN agency recommends health guidelines for airlines

Montreal (AFP) – Mask wearing, temperature controls, disinfection of aircraft: the International Civil Aviation Organization on Monday published a series of health recommendations for the pandemic-hit airline industry as it relaunches air travel.

The protocol was drawn up by an international task force formed by the Montreal-based ICAO with the help of other UN agencies like the World Health Organization and the powerful International Air Transport Association (IATA).

“These guidelines will facilitate convergence, mutual recognition and harmonization of aviation COVID-19 related measures across the globe,” Philippe Bertoux, France’s representative on ICAO’s board, which led the “task force” debate, said in

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Marriott reopens all hotels in China as travel rebounds

Marriott has reopened all of its hotels in China and the group says it has seen a recovery in business travel.

The world’s third largest hotel chain has 350 outlets across China and says that occupancy rate is now at 40%.

Marriott gave an upbeat statement on Monday about its business in China as it emerges from coronavirus lockdowns.

Last week it said the financial impact from the pandemic has been more severe for the hotel chain than 9/11 and the 2008 financial crisis combined.

Marriott chief executive Arne Sorenson said the occupancy rates at its Chinese hotels had been

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Trump’s move to quit WHO cites flawed facts

WASHINGTON (AP) — President Donald Trump spread a number of false and misleading claims about the World Health Organization in announcing his decision to cut U.S. ties with the agency over the coronavirus epidemic.

Trump last week said he would halt funding and a decades-long U.S. relationship with WHO, accusing it of being effectively controlled by China and misleading the world about the virus. The president referenced his May 18 letter to WHO Director-General Tedros Adhanom Ghebreyesus that laid out specific allegations and demanded changes.

An AP Fact Check finds numerous inaccuracies in that letter.

Trump accuses WHO of ignoring

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