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North America

Choice Merger With Radisson Americas Is on Track

The DJIA fell 74 points but Nasdaq was up 36, the S&P 500 was down a point and the 10-year treasury yield was down .06 to 3.71%. Lodging stocks were mixed. SOND was up 9%, VCSA was up 6% but SHCO was down -5% on the day to top the big movers. Choice Hotels International, Inc. is on pace to integrate the nearly […]

June 28th, 2023

North America

London to Overtake Las Vegas in Hotel Supply

The DJIA rose 525 points, Nasdaq was up 288, the S&P 500 was up 79 points and the 10-year treasury yield jumped .10 to 3.53%. Lodging stocks were modestly higher, with not much of a comeback from yesterday’s sell off. SOND traded down to another all time low. VCSA was up just over a dime, which is 15%. Wyndham Hotels & Resorts received a […]

April 27th, 2023

North America

IHG Opens Its Newest Hotel Indigo in New York

The DJIA ended the day down 142 points, falling after the Fed press conference after raising rates again. Nasdaq was down 86, the S&P 500 fell 24 points and the 10 year treasury yield was unchanged at 3.50%. Lodging stocks were modestly lower. AINC was down -8%, SLNA was down -7% but VCSA rose 5%. Citigroup cut their ratings on Hilton and Marriott to Neutral from Buy. […]

December 14th, 2022

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