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Bulgari Hotels & Resorts

North America

Morgan Stanley Sees Airbnb’s Property Supply Slowing

The DJIA rose 2 points while Nasdaq was down 56, the S&P 500 fell 7 points and the 10 year treasury yield plunged another .11 to 3.41%. Lodging stocks were mixed. MCG was the big mover, down -8% while VCSA traded down to another new low before bouncing a bit. Morgan Stanley cut their rating on Airbnb to Underweight from Equal Weight, slashing its target price to $80 […]

December 7th, 2022

Asia-Pacific

Marriott Plans Luxury Expansion Across APAC

Marriott International announced it expects to open 14 additional luxury properties in Asia Pacific by the end of 2023. Marriott currently operates 156 luxury properties in the region. The Ritz-Carlton brand is set to expand in Japan with The Ritz-Carlton, Fukuoka opening in 2023. In Australia, the anticipated opening of The Ritz-Carlton, Melbourne will open in early 2023 […]

September 20th, 2022

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