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With the hotel industry seeing competition from home rental companies such as Airbnb and Home Away, brands must find a way to innovate in order to stay relevant. Marriott has unveiled its plan to do exactly that with the grand opening of the company’s M Beta at Charlotte Marriott City Center. What’s so special about another hotel? And how can it change the hotel industry?
Read The Capitalist’s Take Here
Read More at Business Travel News Here
Read More at Travel And Leisure
OIL RIG COUNT CLIMBS FOR 7TH STRAIGHT WEEK AS CRUDE OIL RISES FOR 4TH STRAIGHT WEEK
The US oil rig count rose by 4 to 432 this week, according to oilfield-services giant Baker Hughes. Notably, oil prices have ticked up slightly over the last couple of weeks to around $50 a barrel..
Read More From Business Insider Here
Read More From Investor’s Business Daily Here
Read More From The Wall Street Journal Here
CONSUMER SENTIMENT UNEXPECTEDLY DROPS TO 13 MONTH LOW
Consumer confidence unexpectedly fell to a one-year low in October as Americans soured on the outlook for the economy amid a contentious presidential election campaign. The University of Michigan preliminary index of sentiment declined to 87.9 from 91.2 in September, according to a report Friday. That was weaker than the lowest estimate in a Bloomberg survey of economists. Long-term inflation expectations declined to a record low….
Read More From Bloomberg Here
Read More From CNBC Here
Read More From Market Watch Here
Closing Bell
-Friday, October 14th
Stocks Inch Higher Yellen Comments, Bank Earnings
Big Insider Trades
– Acacia Communications, Inc. (ACIA) CEO Murugesan Shanmugaraj Sell $10.4m
– Alnylam Pharmaceuticals, Inc. (ALNY) Director David Pyott Buys $1m
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