Category: cruise

Learning to Drive

This post is by Om Malik from On my Om

It is not often you get to do something you have never done before. That is an argument made by a close friend, who has been urging me to take on everything uncomfortable and difficult during what is a personal transition. He often reminds me that being uncomfortable is what has kept me moving forward, evolving, and perhaps improving. So, after some misgivings, internal anxiety, and lots of fears, I embarked on a new adventure today.

I took my first driving lesson today. (In a somewhat ironic turn of events, someone else took their first driverless robotaxi ride in San Francisco.)

Driving hasn’t been a priority for me. I grew up in Delhi and learned how to ride a scooter and motorcycle. It was enough to get around, and more importantly, that was all my family could afford at that time. My parents taught me to live within our means. It is a lesson that isn’t easily forgotten even after all these years. 

Even though I had friends with cars who would have readily obliged, I didn’t feel comfortable asking them to teach me. Nevertheless, I could remember roads and quickly navigate, which landed me some navigator gigs in car rallies. I still never drove myself. Later, when I moved to New York, I found no need to drive. MTA was a godsend. Even in San Francisco, I found myself taking public transportation and later taxicabs. Uber solved many of my mobility problems.

Owning a car, the carbon footprint (Read more...)

Pandemic Recovery: Have BEACH Stocks Bounced Back?

This post is by Aran Ali from Visual Capitalist

BEACH stocks market cap recovery

Pandemic Recovery: Have BEACH Stocks Bounced Back?

The travel and entertainment industries have had a volatile ride over the last year.

During the initial stages of the pandemic, when panic and uncertainty ran rife, BEACH stocks–booking, entertainment, airlines, cruises, and hotels—were left scrambling. Collectively, $332 billion in market cap washed away.

Now, it appears the tide might be turning for these companies, buoyed by vaccine breakthroughs and glimmers of hope for a return to normalcy.

This infographic looks at the growth in market cap value across BEACH stocks one year from when the WHO officially declared COVID-19 a pandemic.

Washing Back to Shore?

BEACH stocks have gained a collective $376 billion in market cap in the year since the pandemic was declared, with about half the companies trading at their respective all-time highs.

In fact, about 70% of BEACH stocks have actually outperformed the S&P 500, which returned 43.7% during the same period.

CompanyTickerCategoryMarket Cap: 03/11/20 ($B)Market Cap: 03/11/21 ($B)Change
American AirlinesAALAirlines7.214.296%
Southwest AirlinesLUVAirlines23.534.446%
Alaska Air GroupALKAirlines5.78.142%
United AirlinesUALAirlines13.017.233%
Air CanadaACAirlines5.97.933%
Delta Air LinesDALAirlines29.130.96%
Expedia GroupEXPEBooking12.024.6105%
Allegiant TravelALGTBooking2.04.198%
Booking HoldingsBKNGBooking64.096.051%
Caesars EntertainmentCZRCasino & Hotel2.220.8824%
Norwegian Cruise LinesNCLHCruise & Casino4.310.9151%
Royal (Read more...)