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Adina Hotels

North America

U.S. Hotel Sales Fell in First Half 2023

The DJIA rose 114 points on Friday while Nasdaq was down 25, the S&P 500fell 5 points and the 10-year treasury yield was up .06 to 3.82%. Lodging stocks were modestly lower. The only mover of note was SHCO, down -6%. Citi lowered their price target on Pebblebrook Hotel Trust to $15 from $16.50. They maintained their Neutral rating. LW Hospitality Advisors’ Major U.S. Hotel Sales […]

July 16th, 2023

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