AM Karthik, Senior Vice President & Co-Group Head - Financial Sector Ratings at ICRA forecasts growth of 16-17% this year, tapering to 14-15% next year, with the higher base being a key factor.
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.
The global economy is expected to grow below the historic norm in the next two years, the IMF's new forecast said. The American economy, however, is predicted to expand about 2.7% in 2025, up from the ...
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
Donald Trump's LGBTQ+ nominee for secretary of the Treasury, Scott Bessent, lives in Charleston, South Carolina with his ...