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Market capitalization loss of selected companies in the travel and entertainment sectors due to the coronavirus pandemic (COVID-19) worldwide in 2020

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Release date

March 2020

Region

Worldwide

Survey time period

February 19 to March 24, 2020

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Global market value loss of BEACH stock companies due to COVID-19 2020

Published by K. Scholle, Apr 8, 2020
In early 2020, the market values of many companies were massively affected by the coronavirus (COVID-19) outbreak, especially those in the travel and entertainment industries - so called BEACH stocks. BEACH stands for booking, entertainment and live events, airlines, cruises and casinos, hotels and resorts. Between * and ***, Eldorado Resorts and Norwegian Cruise Lines had the highest market capitalization losses, which amounted to ** and ** percent, respectively. On the contrary, Walt Disney's value loss, due to having diverse streams of revenue, was only ** percent.
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