Tuesday, August 23, 2022
North America

Business Travel Will Return to Pre-Pandemic Levels by Late 2023

  • The DJIA fellĀ 154 points but Nasdaq was flat while the S&P 500 fell 9 points and the 10-year Treasury yield was up .02 to 3.05%.
  • Citigroup upped its price target on Sunstone Hotels to $12 from $10.50.
  • Morgan Stanley upped its price target on Airbnb to $125 from $100.

The DJIA fell 154 points but Nasdaq was flat while the S&P 500 fell 9 points and the 10-year Treasury yield was up .02 to 3.05%. Lodging stocks were mixed. The biggest mover was SOND, up 6%. Citigroup upped its price target on Sunstone Hotels to $12 from $10.50. Morgan Stanley upped its price target on Airbnb to $125 from $100. The New York Marriott Marquis announced the completion of an extensive […]