Israel's Ministry Of Tourism: Tours Should Be Avoided, Those Arriving On Cruises Should Stay On The Ships, Tourists Should Stay In Their Hotels
Portfolio Pulse from Bill Haddad
Israel's Ministry of Tourism has advised against tours, suggesting that those arriving on cruises should stay on their ships and tourists should remain in their hotels. This could impact cruise companies and the Israeli ETF.
October 10, 2023 | 3:27 pm
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NEGATIVE IMPACT
Carnival Corporation could be negatively impacted as tourists are advised to stay on their ships.
As a major cruise line, Carnival Corporation could face reduced revenues if tourists are discouraged from disembarking in Israel, a popular destination.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Carnival PLC could be negatively impacted as tourists are advised to stay on their ships.
As a major cruise line, Carnival PLC could face reduced revenues if tourists are discouraged from disembarking in Israel, a popular destination.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The iShares MSCI Israel ETF (EIS) could be negatively impacted as tourists are advised to stay in their hotels.
The ETF, which includes companies in the tourism sector, could face reduced revenues if tourists are discouraged from exploring Israel.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Royal Caribbean Cruises Ltd could be negatively impacted as tourists are advised to stay on their ships.
As a major cruise line, Royal Caribbean could face reduced revenues if tourists are discouraged from disembarking in Israel, a popular destination.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80