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Canopy by Hilton

North America

ALIS Hotel Conference Preview

The DJIA rose 254 points, Nasdaq was up 224, the S&P 500 rose 47 points and the 10 year treasury yield was up .04 to 3.53%. Lodging stocks were higher SOND rose 7%, VCSA was up 6% and SOND and H traded up to a new high. Jefferies gave their ALIS Conference preview saying they anticipate the lodging management teams will provide incremental color on the trajectory […]

January 23rd, 2023

North America

Early October U.S. Hotel RevPAR Up 13% Over Same Period 2019

The DJIA fell 28 points, Nasdaq was down 9, the S&P 500 fell 12 points and the 10-year treasury yield was down .04 to 3.90%. Lodging stocks were mixed. SOND was up 12%, MCG was up 7% and AHT and ABNB both rose 5% on the day. Braemar Hotels & Resorts Inc. reported the company expects to report occupancy of approximately 71% for […]

October 12th, 2022

North America

Short-Term Rental Demand Is Up

The DJIA ended the day down 280 points while Nasdaq was down 67, the S&P 500fell 31 points and the 10 year treasury yield was up .02 to 3.13%. Lodging stocks were lower. MCG fell -8% today and hit a new all time low. SOND was up 5%. STR said U.S. hotel RevPAR for the week ending August 27 was up 18.2%.  RevPAR versus the same week in […]

August 31st, 2022

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