Investors need to check out of Airbnb - THE EDGE SINGAPORE

Sharing Economy

Investors need to check out of Airbnb

Airbnb's value doubled on its opening day last month. At US$100b, it is worth more than the Hilton, Marriot and Hyatt combined.

Broker's Calls

More near-term volatility lies ahead for GL Limited

SINGAPORE (Jan 25): CIMB continues to rate GL Limited at “hold” with a lower target price of 84 cents from 86 cents previously, after the hospitality and leisure group holding company last week posted a 52% decline in 1H17 earnings on lower sales.

Broker's Calls

The holiday is over for GL Limited

SINGAPORE (Sept 1): CIMB Research has downgraded its call on GL Limited from “add” to “hold” and lowered its target price from $1.18 previously to 86 cents in anticipation of “significant volatility for the group’s core hotel business ahead”