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Hospitality International Inc.

North America

Truist Sees Normalization of U.S. Demand for Short-Term Rentals

The DJIA rose 169 points, Nasdaq was up 134, the S&P 500 rose 26 points and the 10-year treasury yield was down .07 to 3.71%. Lodging stocks were mixed. AHT was the only mover of note, down -6% on the day. Wells Fargo initiated coverage on Airbnb with an Underweight rating and $99 price target. Truist Securities published a report on ABNB and the short-term rental business […]

June 8th, 2023

North America

Optimism About 2023 Deal Volume

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 […]

March 5th, 2023

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