Barcelo Hotel Group

The DJIA rose 213 points while Nasdaq was up 114, the S&P 500 was up 28 points, and the 10-year treasury yield was down .03 to 4.21%. Lodging stocks jumped on the Hersha Hospitality buyout news, led by the REITs. HT was up 56%, BHR rose 16%, AHT was up 10%, and then CLDT, INN, XHR, and SHCO were up 6% each. On the […]

China reported 2,312 new Covid infections nationwide today, the first time in more than three months that cases topped 2,000 for three consecutive days. That was actually down a bit from Saturday’s 2,467 which was the highest since May. Protests and anger are exploding in places like in hotel resorts in Hainan and even in […]