[CALENDAR ADDITION] US President Trump is to meet with US travel executives at 13:30EDT/18:30BST on Wednesday

Travel executives span airlines, hotels, cruise operators and booking platforms, so the read-through differs by subsector: carriers key on fleet, tariff and labour commentary, while hotel and cruise names respond more to anything on international inbound demand, visa policy or border enforcement. The tell is whether a readout, executive order or tariff carve-out follows within days, since prior meetings with industry groups have often been staged immediately ahead of such releases. Airline and cruise equity has historically traded headline-sensitive around presidential commentary on the sector, with moves fading when nothing concrete emerges. Worth noting that calendar additions with short notice have in this administration tended to carry more news risk than standing events. As a calendar entry rather than a decision, the signal is low-conviction until remarks or a readout cross.