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Barcelo Hotel Group

North America

KSL to Take Hersha Hospitality Private in $1.4 Billion Deal

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 […]

August 28th, 2023

Asia-Pacific

Singapore’s Changi Remains the Busiest in Asia

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 […]

August 15th, 2022

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