Tourism stocks soar with COVID-19 vaccine announcement
| |

Tourism stocks soar with COVID-19 vaccine announcement

Since all of the U.S. theme parks and attractions first closed in March, the tourism and hospitality industry has been ravaged by the COVID-19 pandemic. Cruise ships were docked, parks were closed and hotels were shut down in an effort to stop the spread. Many still haven’t reopened, and those that have aren’t seeing the…

Universal to remain closed until at least May 31, team members to be paid at 80%, part-time furloughed starting May 3
| |

Universal to remain closed until at least May 31, team members to be paid at 80%, part-time furloughed starting May 3

Tom Williams, chairman and CEO of Universal Parks & Resorts, shared an update for Universal Orlando Resort and Universal Studios Hollywood’s temporary closures, citing an extension, as well as an update on what this means for the parks’ team members.