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Airline and hotel group shares tumbled after Transport Secretary Grant Shapps announced 16 new destinations would be added to the UK s green travel list.
MARKET REPORT: Summer goes from bad to worse for travel companies after Government s latest holiday advice hits shares msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Under the plans, there will be little respite for non-essential businesses in March.
And at every stage the dates that have been given are the very earliest re-openings and could be delayed. But shops, hairdressers and gyms will be among the first to benefit from April 12 – when pubs and restaurants will also be able to run an al fresco April .
The Gym Group jumped 3.8 per cent, or 9.5p, to 259.5p, while Wetherspoons rose 8.3 per cent, or 102p, to 1338p and Marston s by 2.4 per cent, or 2.2p, to 92.95p on the news.
Travel abroad could resume as early as May 17 and people could be visiting cinemas, attending festivals and clubbing to their heart s content by the end of June.
MARKET REPORT: Shares in travel and leisure bounce thisismoney.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisismoney.co.uk Daily Mail and Mail on Sunday newspapers.
Airline and other travel businesses had been desperately hoping that the rollout of vaccines might prompt a trickle of holidaymakers to go abroad this spring, building up to a better summer.
But it was a bruising day for the likes of Easyjet (down 4.5 per cent, or 37.2p, to 788p), British Airways-owner IAG (down 3.3 per cent, or 5.3p, to 153.9p), Ryanair (down 3 per cent, or 50 cents, to €15.20), Jet2 (down 3.7 per cent, or 54p, to 1390p) and Tui (which fell 4 per cent, or 13.3p, to 318p).
Stock Watch - Emmerson
Fertiliser miner Emmerson reached a major milestone after Morocco gave it permission to start digging its huge potash project.