While acknowledging that making long-term predictions in the face of technological innovation is “difficult,” BofA notes that Facebook/Meta and Google/Alphabet did not replace print advertising overnight but that over 20 years, consumer behavior changed to dramatically shrink the print ads market. “We are not arguing that insurance intermediaries will disappear or that Coca-Cola will buy its insurance from a chatbot,” BofA said, but it urged investors to look closely at this sector, as insurance distributor stocks do not seem to be discounting the risks.
2025年第四季度，万豪集团RevPAR（全球每间可售房收入）增长1.9%，其中国际市场增长6.1%，美国和加拿大市场微降0.1%。全年全球RevPAR增长2.0%，国际市场增长5.1%，美国和加拿大市场增长0.7%。
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11. Insecurity ·