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No vacation for Sol Meliá CDS

|Includes: BEE, CHH, FHR, FLL, FS, H, HLT-OLD, HST, IHG, MAR, MAR, PEJ, Melia Hotels International SA (SMIZF), WYN
In the tourism industry, Sol Melia Hotels & Resorts has come a long way from its 1956 Palma de Mallorca roots to become one of the world’s largest resort and hotel companies with vacation properties around the world. With pristine hotels and resorts in places from Cuba to Croatia, it can sometimes be easy to sit back, relax and forget about your worries. Unfortunately, not even the best hotel chains with the most serene settings and calm beaches can turn off an active credit investor’s mind and worries. comerse el coco. It was those investor minds that were alive and well in European markets yesterday.

Disclosure: long all stocks