We raise our fair value estimate for no-moat Northern Star to AUD 12 per share, up from AUD 11.60 previously. Higher gold prices and a weaker Australian dollar more than offset modest dilution from ...

Investors, owners, and hotel brands always look for fresh ways to get hotels to market quickly and efficiently.

In terms of commodity prices, we assume copper and gold average around USD 4.25 per pound and USD 2,800 per ounce from 2025 to 2027, respectively, based on the futures curve. Our midcycle assumptions ...