Charlestowne Hotels

The DJIA fell 159 points while Nasdaq was down 110, and the S&P 500 was down 19. Those end-of-day indexes were a huge improvement from the morning plunge in the markets. MAR, CHH, and IHG hit new highs today, but BHR and SLNA were both down -5% on the day. Both Choice Hotels and IHG reported earnings today, and both hit new 52-week highs, a […]

The DJIA rose 387 points on Friday while Nasdaq was up 226, the S&P 500 rose 64 points and the 10-year treasury yield eased, down .11 to 3.96%. Lodging stocks were higher. The only major mover was SOND, up 12%, still trading below a buck. Skift, parent company of this publication, published an article on Sonder, saying the company is going through another […]

The DJIA fell 350 points, Nasdaq was down 154, the S&P 500 fell 45 points and the 10-year treasury yield was up .01 to 3.72%. Lodging stocks were lower. SLNA was one of the few bright spots, up 10%. MCG was down -13%, SOND and AHT both fell -6% and BHR was down -5% on the day. Mizuho cut their price target on Airbnb to $110 […]

The DJIA fell 154 points but Nasdaq was flat while the S&P 500 fell 9 points and the 10-year Treasury yield was up .02 to 3.05%. Lodging stocks were mixed. The biggest mover was SOND, up 6%. Citigroup upped its price target on Sunstone Hotels to $12 from $10.50. Morgan Stanley upped its price target on Airbnb to $125 from $100. The New York Marriott Marquis announced the completion of an extensive […]

The DJIA ended Friday with a gain of 77 points, while Nasdaq was down 63, the S&P 500 fell 7 points, and the 10-year treasury yield was up .16 at 2.84% on the strong jobs report. Lodging stocks were modestly lower, although the two big gainers were to the upside. SVC surged 10% on their earnings report. The vast majority of lodging company […]