CapitaLand Investment

The DJIA rose 43 points, Nasdaq was up 60, the S&P 500 was up 17 points and we told you it would happen, the 10-year treasury yield soared .10 to 4.54%. All those who held out locking in a mortgage are allowed to kick themselves. Lodging stocks were all over the place. SHCO was up 6% and SLNA rose $0.07 which is 24%.  AINC hit a new […]

Malaysia is expected to surpass its international tourist arrival target for the year by achieving an arrival of at least 18 million visitors, exceeding the initial target of 16.1 million tourists. They now expect to get 18 million as they recorded 4.5 million tourist arrivals in the first quarter. JLL’s Hotel Momentum India report showed that in 2Q 2023, RevPAR […]

STR reported China hotel RevPAR for the week ending July 29th. Hotel RevPAR in China was up 27.9% year over year. It was up against a positive 8.5% comp in the year-ago week. When compared with the week in 2019, RevPAR was up 13.7%. Japan National Tourism Organization announced the resurgence of inbound tourism to Japan, with the Gulf […]

The Chinese Embassy in South Korea has suspended issuing short-term visas for South Korean visitors. This is considered the first retaliatory move against nations imposing Covid-19 curbs on travelers from China. All the countries that were making travelers from China take extra tests or any other restrictions were warned that this would happen. The embassy said they […]