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The DJIA rose 199 points while Nasdaq was down another 178, the S&P 500 fell another 23 points, and the 10-year treasury yield was down .08 to 3.94%. Lodging stocks had a good day, with Selina’s first day of trading leading the way, surging to a close of $40.90. Before the deal’s closing, BOA Acquisition was trading under $10 yesterday. SOND was up […]

The DJIA jumped 551 points today while Nasdaq was up 354, the S&P 500 was up 95 points and the 10-year treasury yield was up .01 at 4.02%. Lodging stocks were higher. VCSA was up 10%, SOND was up 8%, ABNB was up 7% and SVC was up another 5%, still sporting a dividend yield of more than 10% even after a 33% […]

The number of international tourists to Cambodia is expected to reach the pre-Covid-19 pandemic level in 2026. A senior official there said Cambodia’s tourism sector has significantly recovered and is forecast to attract about 7 million international tourists in 2026 or 2027 and up to 7.5 million in 2028. The Ministry of Tourism’s Secretary of State said […]

The DJIA fell another 313 points, Nasdaq was down 110, the S&P 500 was down 44 points and if you thought mortgages were high before, the 10-year treasury yieldwas up another .08 to 3.57%. Lodging stocks were lower. PLYA was the one difference with investors buying into the share repurchase announcement, up 6%. Have they seen the list of insider selling the […]

The DJIA rose 30 points while Nasdaq was up 86, the S&P 500 rose 13 points and the 10-year treasury yield was down .01 to 3.41%. Lodging stocks were mixed. VCSA was up 6%, SOND was up 5% while AINC was down -5%. Truist reported on a call they held with the CEO of hotelAVE. The takeaways included that they saw leisure demand start to […]

The DJIA fell 292 points on Friday while Nasdaq was down 260, the S&P 500 fell 55 points and the 10-year Treasury yield was up .11 to 2.99%. Lodging stocks were lower. AHT and VCSA led the group down with declines of -12% and -11% respectively. MCG was down -6%. SOHO, SVC, INN, BHR, ABNB, SOND, PEB and DRH each fell -5% on […]

The DJIA rose 19 points, Nasdaq was up 27, the S&P 500 was up 10, the 10-year Treasury yield was down .01 to 2.88% and lodging stocks were higher on a calm day in the market. The two big gainers were anything but calm as the big SOHO machine was up another 9%. SOND was also up 9% on the day. B.Riley Securities upped […]

The DJIA surged 515 points, Nasdaq was up 361, the S&P 500 was up 88 and suddenly the 10 year treasury yield is calm and the indexes are nuts again, down .01 to 2.79%. Lodging stocks were higher. The biggest mover was SOND, up 15%. STR said US Lodging RevPAR was up 12.2% year over year for the week ended 8/6.  RevPAR was up 9.3% […]