SDR 1.15% $5.28 siteminder limited

Ann: SiteMinder's financial exposure to Silicon Valley Bank, page-11

  1. 5,904 Posts.
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    looks like this time some people bailing out not from SVB panic but less travel, less hotel bookings panic due to inflation/cost of living. Some scary news item poll showed many people thinking of canceling holidays. imo travel is still up there as a top priority for people who have not been able to do so for three years and still cashed up. Anyone who thinks otherwise should visit an airport. Might take an update on bookings before the herd calms down but can see a nice voume of buyers snatching it cheap now.
 
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