Aspen Hospitality

The DJIA rose 109 points while Nasdaq was up 4, the S&P 500 rose 11 points and the 10-year treasury yield was down another .05 to 3.74%. Lodging stocks were modestly lower on the day. The biggest percentage mover was VCSA, down -7% while ABNB rose to another 52 week high. Baird gave a 2Q earnings preview, maintaining their Outperform ratings on Choice Hotels […]

The DJIA was down 56 points, Nasdaq was down 77 points, the S&P 500 was down 18 points, and the 10-year treasury yield was essentially unchanged at 3.52%. Sigh. Choice Hotels International reported solid 1Q results, better than expectations. In the good old days, when stocks actually moved up and down based on fundamentals, you could dictate the direction of CHH stock by whether they […]

The DJIA was up 109 points, Nasdaq was up 83, the S&P 500 rose 21 points, the 10-year treasury yield was down .04 to 3.88% and lodging stocks for the most part were mixed. MCG was the biggest mover, up 7% while SOND was the biggest decliner, down -6. SLNA traded down to another new low. Marriott Vacations missed expectations with their 4Q report, […]

The DJIA fell 36 points, Nasdaq was down 120, the S&P 500 fell 25 points and the 10-year treasury yield jumped another .10 to 3.63%. Lodging stocks were mostly lower. SOND was the biggest mover, down -9% while VCSA fell -6%. BofA Securities initiated coverage on Marriott Vacations with a Neutral rating and a $180 price target. The Wall Street Journal published an article on how hotel […]

The DJIA rose 331 points on Friday while Nasdaq was up 288, the S&P 500 rose 74 points and the 10 year treasury yield was up .09 to 3.48%. Lodging stocks were higher. SLNA topped the list with a 10% gain followed by AHT and VCSA, both up 6%. We start today’s newsletter on a sad note as many of you probably heard […]