Wall St. Analyst: Hotel Industry Witnesses Resurgence; Bitcoin Revolutionizing Monetary System

Wall St. Analyst: Hotel Industry Witnesses Resurgence; Bitcoin Revolutionizing Monetary System

Wall St. Analyst (www.wallstanalyst.com) has announced its comprehensive market summary that analyzes the most relevant news, events, and economic releases. This edition of the newsletter provides an insight into why the Hospitality industry is witnessing a revival in room occupancies and rates after going through a massive slowdown following the credit crisis and subsequent recession. The newsletter also throws the spotlight on how virtual currencies have gained favor among consumers and how they could revolutionize the way digital currency works.

Hot Off the Wire: Hotels See Bloom after Going through Gloom

In a major trend reversal, the number of IPOs in 2013 is breaching the number of IPOs that were launched before the tech bubble burst, indicating a strengthening of investors’ confidence in the stock markets. Cashing in on the rising valuations and the equity market’s strength, the Hospitality industry is witnessing the largest ever hotel IPO. This comes at a time when the industry is riding on the wave of revival in the Travel and Leisure industry. More details about the changing dynamics of this industry are available at

http://wallstanalyst.com/Hot-Off-The-Wire/hilton-checks-in-with-9-jump-on-debut.html

Bitcoin Revolutionizes Monetary System

Wall St. Analyst analyzes new technologies and alternative currencies that change the way consumers make digital transactions. These currencies can be useful in e-commerce and money transfers and can be accessed through computers and smartphones. What is more, the decentralized currency uses cryptography techniques that negate the use of physical tangibility. Today’s newsletter helps investors understand whether these virtual currencies could take the world by storm or just die away as just another experiment and it can be accessed at

http://wallstanalyst.com/Blog/bitcoin-is-this-virtual-currency-the-next-evolutionary-step-for-the-global-monetary-system.html

Technical Analysis on the Dow

In today’s issue, we analyze why the Dow Jones Industrial Average ended lower and what are the factors affecting the near-term movement of the index. Investors are advised to wait and watch for more catalysts that could haul the Index to higher levels. A detailed technical analysis and the short- and long-term outlook as well as trend indicators are available at

http://wallstanalyst.com/Blog/technical-analysis-on-the-dow-13-dec-2013.html

Focus Concepts, Sectors, and Companies:

Hilton
Blackstone
Baidu
Hotel Industry
Bank of America
Merrill Lynch
JPMorgan
Goldman Sachs
Twitter
La Quinta
People’s Bank of China

For more information visit http://www.wallstanalyst.com/


Related News

Austrian Luxury Hotel Pays Bitcoin Ransom to Regain Access to Rooms

A luxury hotel in Austria paid a bitcoin ransom to unlock the rooms of hundreds of guests who could not get in or get out, according to The Local. The hotel was unable to reprogram new electronic key cards until the hackers restored the system. The hackers restored the system in exchange for 1,500 EUR worth of bitcoin. While the hotel has since replaced its computers and installed new security standards, it plans to install old-fashioned door locks with keys in the future to prevent such incidents. Managers at the Seehotel Jaegerwirt, a four-star hotel on the Alpine Turracher Hoehe Pass,....

DOJ Files Motion To Stop Sam Bankman-Fried’s Witnesses From Testifying

The United States Department of Justice (DOJ) has asked for all expert witnesses of Sam Bankman-Fried (SBF), the former CEO and co-founder of the now-defunct FTX exchange, to be prevented from testifying in his upcoming trial, which is set to commence on the 3rd of October, 2023. DOJ Seeks To Bar Seven Expert Witnesses From […]

FTX Co-Founder’s Trial To Feature High-Priced Expert Witnesses Earning $1,200...

Per a Bloomberg Law report, in an upcoming fraud trial scheduled for October, FTX co-founder Sam Bankman-Fried is preparing to call seven expert witnesses, potentially paying them up to $1,200 an hour, to testify on his behalf.  According to a letter filed in federal court in Manhattan, these witnesses would testify on campaign finance laws, […]

The Dubai Hotel Accepts Crypto Payments, Here’s What We Know

Dubai hotel, The Manor Hotel by JA is now accepting crypto payments. After their partnership with Binance, now guests can use Binance coin (BNB), Bitcoin (BTC) or Ethereum (ETH) to pay for the hotel fare. The hotel has joined the payment gateway which is managed by Binance to facilitate these asset payments. This crypto payment […]

No One Understands The Monetary System, And That’s Not OK

Understanding the monetary system is foundational to seeing what’s wrong with the current system and to have a true grasp of Bitcoin and its importance.