Aloft Hotels

Hotel prices will surge for the upcoming Golden Week in popular cities. The Plus version of the Golden Week, including the Mid-Autumn Festival and National Day Holiday, drives this. Data from Qunar indicates that as of September 11, the top three cities for flight bookings during the holiday were Shanghai, Beijing, and Chengdu. A luxury suite at the Peninsula […]

The DJIA rose 6 points, the Nasdaq was up 2, the S&P 500 was up 3 points, and the 10-year treasury yield barely budged at 4.32%. Was it a holiday, and nobody publicly declared it? Lodging stocks were lower. The movers of note included VCSA with an 8% rise, SHCO up 5%, and BHR fell -7% on the day.  Interested in attending the Skift Global Forum in […]

The DJIA was down 17 points, the Nasdaq was down 1% the S&P 500 down .57%, and the 10-year treasury yield was flat at 4.286%. TD Cowen upped its price target on Hilton to $164 from $148 and on Marriott to $215 from $185. It maintained Outperform ratings on both. Data released by the U.S. National Travel and Tourism Office show that in July 2023, international visitors spent nearly […]

The DJIA rose 87 points, the Nasdaq was up 156, the S&P 500 rose 30 points, and the 10-year treasury yield was up .03 to 4.29%. Lodging stocks were mixed. BHR was up 7%, but that was the only big gainer. SOND was down -8%, AHT was down -6%, and SHCO was down -5% today. JP Morgan reported on investor meetings they held with Hyatt. […]

The DJIA fell 195 points, while the Nasdaq was down 10, the S&P 500 was down 18 points, and the 10-year treasury yield was up 0.68 to 4.258%. Lodging stocks were mixed, but Airbnb stock received a big lift with the announcement of its inclusion in the S&P 500. Truist reported on its visit to San Francisco for the Visit Impact Summit. The good news is that the fall […]

The DJIA fell 37 points, but Nasdaq roared back, up 207, while the S&P 500was up 30 points. The 10-year treasury yield was up .09 to 4.34%. Lodging stocks were lower on the day. SLNA bounced back a little, up 9%, but that was only $0.04 per share. BHR was down -6% to another new low, and VAC also traded down to […]

The DJIA fell 181 points, Nasdaq was down 156, the S&P 500 was down 34 points, and the 10-year treasury yield was up .04 to 4.26%. Lodging stocks were mixed to modestly lower. BHR traded down to another new low. Baird reported on investor meetings they held with Xenia Hotels & Resorts’management team. Baird said there is no change to their longer-term outlook, but some […]

The DJIA fell 159 points while Nasdaq was down 110, and the S&P 500 was down 19. Those end-of-day indexes were a huge improvement from the morning plunge in the markets. MAR, CHH, and IHG hit new highs today, but BHR and SLNA were both down -5% on the day. Both Choice Hotels and IHG reported earnings today, and both hit new 52-week highs, a […]

The DJIA rose 82 points, Nasdaq fell 17, the S&P 500 was down a point, and the 10-year treasury yield was down .06 to 3.85%. The Fed may be done with their rate hike today or may not be. Every inflation and jobs report will be scrutinized until we get a clear indication of what they will do. Lodging stocks were mixed. MAR […]

The DJIA was up 184 points while Nasdaq was up 26, the S&P 500 rose 18 points, and the 10-year treasury yield was up .02 to 3.86%. Lodging stocks were lower despite the indexes being higher. The biggest mover was to the downside, with SOND falling another -9%. SLNA was up 5%. JP Morgan said they expect relatively unimpressive 2Q23 RevPAR results and a […]

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 […]

Marriott International announced an agreement with Hiap Hoe Limited, through HH Properties Pte Ltd, to bring the Aloft Hotels brand to Singapore. There will be a strategic conversion of the 785 room hotel with the rebranding reopening to take place in Q3 2023, marking the Aloft brand’s debut in Singapore. This will be the largest Aloft branded hotel […]