Bain Capital Credit

The DJIA was down 252 points, Nasdaq was down 226, the S&P 500 was down 50 points and the 10-year treasury yield was down .11 to 4.85%. Lodging stocks were lower. AHT and VAC traded down to new lows. Choice Hotels, after the close yesterday, issued a press release asking (demanding?) Wyndham Hotels to come back to the table and engage them in discussions […]

Dow Jones published an article on how foreign investors are taking advantage of the low prices of hospitality properties in Vietnam to acquire hotels and resorts. The article cited the Marriott International deal in April to operate seven hotels and resorts from Vinpearl, including three existing hotels in Nha Trang, Hoi An and Da Nang. In February Singapore’s Lodgis Hospitality […]

The 10-year treasury yield was up .20 today to 3.71%. Do we need to tell you what happened to stocks? The DJIA was down 107, Nasdaq was down 153, the S&P 500 was down 32 and anything consumer related was down a lot more. The list of new lows from the Lodging stocks is getting long, today including WH, PK, TNL, IHG, CHH, […]