North America
New Builds, Conversions and Proposals to Start the Year
The DJIA fell 350 points, Nasdaq was down 154, the S&P 500 fell 45 points and the 10-year treasury yield was up .01 to 3.72%.
Mizuho cut their price target on Airbnb to $110 from $125. They maintained their Neutral rating on the stock.
STR reported US lodging data for the week ended 12/31. US hotel RevPAR was up 4.2% year over year while up 35.6% versus the same week in 2019.