Aiden by Best Western

The DJIA fell 231 points, Nasdaq was down 161, the S&P 500 fell 47 points and the 10-year treasury yield was down .02 to 3.70%. The indexes fell more and more as the day wore on, probably something that will continue until there is movement on how to handle the debt ceiling issue. In the midst of all this, a rumor came out […]

The Philippines Hotel Sales and Marketing Association said hotels in the country remain optimistic of the industry’s performance this year as the average occupancy has already surpassed pre-pandemic levels. For the month of January, hotels were hitting 80% occupancy as compared with 60% to 70% pre-pandemic.  The association attributed the higher occupancy to the strong domestic tourism market, which covers […]

The DJIA rose 9.88 points, or little change. Nasdaq fell 0.2%; S&P 500 was barely changed. The 10-year Treasury yield fell to 3.461%. Gordon Haskett downgraded Airbnb to Underperform from Hold. They lowered their price target to $87 from $94. The firm also cut their rating on Booking.com to Hold from Buy setting a target price very close to the current price at $2,456. BofA Securities also cut their rating on […]