North America
International Visitor Spending in the U.S. Surges, Fueling Hotel Industry Growth
DJIA, Nasdaq, and S&P 500 experienced gains, while the 10-year treasury yield decreased.
Spending by international visitors in the U.S. increased significantly compared to the previous year, leading to a trade surplus in travel and tourism.
Several hotels underwent renovations or acquisitions, and new hotels were announced in various locations across the United States.