Ashford Hospitality Trust

The DJIA rose 217 points while Nasdaq was up 69, the S&P 500 rose 14 points and the 10 year treasury yield was down .11 to 3.45%. Lodging stocks were higher with the only big mover of note once again being AHT, up another 6%. Baird gave their 2023 Hotel REIT outlook saying they are taking a more balanced approach in early 2023 as macroeconomic […]

The DJIA rose 269 points while Nasdaq was up 189, the S&P 500 rose 50 points and the 10 year treasury yield was down .07 to 3.55%. Lodging stocks were higher led by AHT, up another 10%. ABNB and PLYA were both up 7% on the day while VCSA was up 6% and HST rose 5%. Truist gave their 2023 lodging preview, saying […]

The DJIA rose 701 points on Friday while Nasdaq was up 264, the S&P 500 rose 87 points and the 10 year treasury yield was down .15 to 3.57%. That is a drop of over 4% in the yield. Lodging stocks were higher with the lodging REITs leading the way thanks to two upbeat updates from BHR and AHT. BHR led the group with […]

The DJIA fell 349 points while Nasdaq was down 233, and the S&P 500 fell 56 points. Amazingly enough, that was a recovery of more than half what the declines were earlier in the day. The 10-year treasury yield was down .02 to 3.67%. Lodging stocks were mostly lower with a long list of new lows, many of them REITs. New lows were […]

The DJIA rose 527 points while Nasdaq was up 162, the S&P 500 rose 57 points. The 10-year treasury yield was flat at 3.68%. Lodging stocks were lower on the Pebblebrook news. PEB was down -9% followed by PK with a -7% drop and CLDT, AHT and HST were each down -6%. SOND jumped 13% today and AINC was up 9%. Pebblebrook Hotel […]

The DJIA fell 483 points while Nasdaq was down 222, the S&P 500 fell 73 points and the 10 year treasury yield was up .07 to 3.60%. Lodging stocks were lower. AINC was the bright spot, up 15%. SLNA fell another -9% to another all time low. VCSA fell another -6% to another all time low. MCG was down -7%, AHT was down […]

The DJIA fell 498 points as investors did not like one of the members of the Fed’s comments about continuing to raise interest rates. Nasdaq was down 177, the S&P 500 fell 62 points and the 10-year treasury yield was up .01 to 3.70%. Lodging stocks were lower. SLNA fell -8% to a new low, VCSA was down -7%, also to a new […]

The DJIA fell 211 points while Nasdaq was down 127, the S&P 500 fell 36 points and the 10 year treasury yield was up .05 to 3.87%. Lodging stocks were modestly lower. SLNA was the big mover, down -7%. B.Riley lowered its price target for Braemar Hotels & Resorts to $9 from $12; on Ashford Inc. to $18 from $23 and on Ashford Hospitality Trust to $9 from $12. […]

There are two things that are a near certainty these days in the stock market. The first is the market has a really good chance of being up on Fridays and will crater during and especially after Fed Chief Powell holds his press conference. The DJIA ended the day down 505 points while Nasdaq was down 366, the S&P […]

The DJIA fell 28 points, Nasdaq was down 9, the S&P 500 fell 12 points and the 10-year treasury yield was down .04 to 3.90%. Lodging stocks were mixed. SOND was up 12%, MCG was up 7% and AHT and ABNB both rose 5% on the day. Braemar Hotels & Resorts Inc. reported the company expects to report occupancy of approximately 71% for […]

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 rose 239, Nasdaq was down -26, the S&P 500 was up 8 points, and the 10 year treasury yield was up .03 to 2.82%. Lodging stocks were modestly higher. SOND was the big winner, up 11%, followed by MCG with a 10% gain. SOHO was up another 9%, AINC rose 6% and VCSA rose another 6% on the day. BMO downgraded PK Hotels […]