Tag: Hotels/Restaurants/Casinos

‘The industry has been in denial’: As hotels recover from the pandemic, they’re planning how to compete with another threat — Airbnb

With the number of COVID-19 cases receding as vaccination drives continue and the Delta variants ebbs, the travel industry could be poised for a resurgence. Whether hotels from that boom could depend on what happens to Airbnb. During an interview with Axios, Airbnb ABNB, +1.86% CEO Brian Chesky forecast a “new golden age of travel” […]

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Wall Street ignores these ‘orphan’ stocks, but they’ve beaten the S&P 500 over 20 years

Wall Street is in the business of selling stocks. But it ignores some of them, and some of the “orphan stocks” ignored by analysts have been incredible long-term performers. When an investment bank (which is probably also a brokerage firm) underwrites a new offering of stock, it has the job of selling those shares to […]

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