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North America

Sotherly Hotels Reports Preliminary Operating Results

The DJIA fell 199 points while Nasdaq was down 63, the S&P 500 fell 24 points and the 10-year treasury yield was down .09 to 3.34%. Lodging stocks were mostly lower. AHT was the only big mover, down -11% on the day. Sotherly Hotels reported preliminary operating results for 1Q23 for their 10 wholly-owned properties. RevPAR was up 21.4% led by an 11.4% jump […]

April 4th, 2023

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