We believe banking partners would work to provide InterContinental liquidity as needed, given that the company holds a brand advantage, which will drive healthy cash flow as travel demand returns.
Cyclicality and overbuilding in the industry present risks for shareholders. Typically, US lodging recoveries last five to nine years, but the upcycle ending in 2019 lasted 10 years.
BoA posted fourth-quarter profit that topped analysts’ estimates as lower interest rates are expected to spur borrowing Bank of America Corp. posted fourth-quarter profit that topped analysts’ ...
The BJP on Thursday claimed a manifold increase in the income of AAP supremo Arvind Kejriwal, and said the rise is inexplicable as he has cited his MLA salary as his “sole source of income” in his ...
Popcorn and movie theaters are inseparable today. But a century ago, cinemas actually banned the beloved treat for being cheap and messy. A Kansas City saleswoman named Julia Braden became one of the ...