Atrium Hospitality

The DJIA rose 369 points while Nasdaq was up 191, the S&P 500 rose 59 points and the 10-year treasury yield was down .02 to 3.53%. Lodging stocks were higher across the board. MCG was the big winner, up 12% while INN, VCSA and PLYA each rose 5% on the day. Despite projections of persistent inflation and a moderate economic recession, CBRE’s November 2022 […]

The DJIA fell 351 points while Nasdaq was down 225, the S&P 500 fell 58 points and the 10 year treasury yield was down .09 to 3.51%. What happened to the Santa Claus Rally? SLNA traded down -8% to another new low, VCSA hit another new low but the big decliner was MCG, down -15%. AINC gave back -6% from yesterday’s gain while […]

The DJIA ended Friday with a gain of 199 points while Nasdaq was up a point, the S&P 500 rose 19 points and the 10-year treasury yield was up .04 to 3.82%. Lodging stocks were higher. MCG and INN both were up 6% while SVC and SLNA were up 5% each. SOND fell -5% on the day. Xenia Hotels & Resorts announced its board […]