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Atwell Suites

North America

U.S. Hotel Performance Stays Strong

The DJIA rose 75 points, Nasdaq was up 117, the S&P 500 gained 12 points and the 10-year treasury yield was down another .09 to 3.41%. Lodging stocks were mixed. SLNA had the best day in a month or so, up 14% while SOND was down another -6% to another new low. Pebblebrook Hotel Trust gave a 1Q operating update, showing the quarter is […]

March 23rd, 2023

North America

Airbnb Has Its First Profitable Year

The DJIA rose 39 points, Nasdaq was up 110, the S&P 500 rose 11 points and the 10-year treasury yield continued the march to 4%, up another .05 to 3.81%. Lodging stocks were somewhat mixed, but the gainers got all the attention. They were paced by a 13% rise for Airbnb and 9% gains for Vacasa and Sonder. Membership Collective (Soho House) was the only […]

February 15th, 2023

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