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North America

Hyatt Announces Major Mexico Expansion

The DJIA fell 38 points, Nasdaq was down 53, the S&P 500 fell 6 points and the 10 year treasury yield was up .04 to 3.56%. It was nice to have a calm day in the markets for a change. Lodging stocks were modestly higher. AHT was up 8% while VCSA was down -5%. TD Cowen upped their price targets on Hilton to $142 from $140 and Marriott to […]

March 28th, 2023

North America

U.S. Lodging Stocks Are in Safe Mode

The DJIA fell 171 points while Nasdaq was down 86, the S&P 500 was down 16 points but the 10-year treasury yield surged again, up .14 to 3.34%. Lodging stocks were mostly lower. While AHT was the biggest mover, down -6%, VCSA and AINC were both up 5%. CHH fell -5% to a new low and MCG also traded down to a new […]

September 6th, 2022

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