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Echelon Luxury and Lifestyle

North America

Pebblebrook Sees Demand Soften a Bit

The DJIA fell 219 points on Friday while Nasdaq was down 138, the S&P 500 fell 34 points and the 10-year treasury yield was down .06 to 3.74%. Lodging stocks were mixed. SOND was the big mover, down -9%. Pebblebrook Hotel Trust released its monthly update and this was more of a warning. PEB said weekend leisure travel has been weaker than expected and that is […]

June 25th, 2023

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