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Springdale Hotels
North America
Truist Sees Normalization of U.S. Demand for Short-Term Rentals
Stock market sees mixed performance, with DJIA and Nasdaq rising while lodging stocks show mixed results. Wells Fargo initiates coverage on Airbnb with an Underweight rating. Significant developments in the hotel industry, including new hotel projects in Ann Arbor, Ottawa, Mexico City, and Portland, as well as the restoration of Book Tower in Detroit.
June 8th, 2023