Ashford Hospitality Trust

The DJIA  fell 11 points, Nasdaq was down 4, the S&P 500 was up 4 points and the 10-year treasury yield was down .02 to 3.57% It was a truly mixed market but lodging stocks were more on the plus than minus side today. The biggest mover was SHCO, up 11% but AINC was down -7% to a new low. VCSA traded down […]

The DJIA fell 143 points on Friday while Nasdaq was down 43, the S&P 500 fell 9 points and the 10-year treasury yield was up .07 to 3.52%. Lodging stocks were modestly lower. VCSA and SOND both traded down to new all-time lows. AHT was down -5%. Baird said that with industry wide March RevPAR being better than expected, it de-risked 1Q23 earnings a […]

The DJIA was up 383 points while Nasdaq was up 237, the S&P 500 rose 54 points and the 10-year treasury yield was up .02 to 3.44%. Lodging stocks were higher. SOND traded down to another all-time low but that doesn’t mean anything to the rest of the group. AHT was up 15% to lead the group while VCSA was up 6% on […]

The DJIA fell 38 points while Nasdaq was down 103, the S&P 500 fell 17 points and the 10-year treasury yield was down .01 to 3.42%. Lodging stocks were lower. SOND plunged another -11% to a new all time low but at this point, -11% is only a drop of -$0.07 per share. VCSA fell -7%, also to another all time low. Heading […]

The DJIA rose 80 points but Nasdaq was down 129, the S&P 500 fell 10 points and the 10-year treasury yield was down .05 to 3.29%. Lodging stocks were lower. At the rate SOND is going, it may be trading at a dime before it gets a delisting notice, down another 12% to another all-time low. SHCO was down -9% and SLNA fell […]

The DJIA rose 323 points while Nasdaq was up 210, the S&P 500 was up 57 points and the 10 year treasury yield was mostly flat, up enough to push it to 3.57%. Lodging stocks were higher with AINC up 11%, SOND rising 10% and SVC, AHT and HT up 5% each. Raymond James cut their price targets on Summit Hotels and Host Hotels. RJ cut their PT on INN to $8.50 from […]

The U.S. Federal Reserve Board raised interest rates by a quarter of a point and the financial markets rallied. Then Fed Chief Jerome Powell held his press conference and the DJIA ended the day down 530 points, Nasdaq was down 190, the S&P 500 fell 66 points but the 10-year treasury yield was down .11 to 3.50%. We can’t tell if the markets genuinely hate […]

The DJIA rose 316 points, Nasdaq was up 185, the S&P 500 rose 51 points and it did not take long for the 10-year treasury yield to move back up, with the yield rising .13 to 3.61%. Lodging stocks were higher. AINC was the biggest mover, rebounding 13% while VCSA bounced 12%. SLNA traded down to a new low before bouncing a bit. […]

The DJIA rose 383 points, Nasdaq was up 45, the S&P 500 rose 35 points and the 10-year treasury yield was up .09 to 3.48%. Lodging stocks were mostly higher but the biggest movers were to the downside. The newly minted penny stocks, VCSA and SOND, both traded down to new lows, dropping another -4% and -7% respectively. SLNA hit a new low, […]

The DJIA ended Friday with a decline of 385 points while Nasdaq was down 87, the S&P 500 fell 44 points, capping another week of lower equity indexes. The 10-year treasury yield was down .19 to 3.40%. Lodging stocks were lower, once again led by the lodging REITs. INN and AHT both fell -7% and CLDT, VCSA, SVC and PK were each down […]

In an amazing recovery from over 700 points down, the DJIA ended the day down only 280 points while Nasdaq rallied to end up 6. The S&P 500 fell 27 points and the 10-year treasury yield plunged another .15 to 4.01%. Lodging stocks were lower but the real damage was on the four names we call the “new age” lodging stocks. Vacasa’s stock […]

In a day that was everything that was expected, the financial indexes and individual stocks were whipsawed. The DJIA ended the day down 91 points but Nasdaq was up 50, the S&P 500 was down 6 points and the flight to safety continued, along with the cries that all this turmoil would stop the Fed from raising rates anymore, resulting in […]