Hyatt Hotels Corporation

Savills reported hotel business activities in most countries worldwide are gradually returning to pre-pandemic levels, but not the Asia-Pacific region. Savills said Singapore is leading the recovery process in Southeast Asia, led by growth in ADR. Thailand is also experiencing a good level of recovery. Savills said business activities in the Vietnamese market still lag behind pre-pandemic levels in both room occupancy […]

The DJIA rose 116 points, Nasdaq was up 108, the S&P 500 rose 25 points and the 10-year treasury yield was down .03 to 4.60%. Lodging stocks were higher. SOND was up 12%, AHT was up 11% while PK and BHR both rose 5% on the day. Barclays said they are expecting another soft quarter for the lodging REITs given the STR data, preannouncements and weather events in 3Q23. They lowered their price […]

STR reported China hotel data for the week ended September 23rd. Hotel RevPAR was up 46.7% year over year, up against a 5.1% comp in 2022. Compared with 2019, RevPAR for the week in China was up 14%. Investment specialists at the Australia-New Zealand edition of the Hotel Investment Conference Asia Pacific said market conditions are stressing hotel […]

The GBTA Business Travel Outlook shows Asia Pacific is forecast for significant growth, with travel spending gaining 41% to US$567 billion this year, rising to $800 billion by 2027. China’s reopening will be a big catalyst for the growth, while a solid rebound is also anticipated for Japan, South Korea, and Australia, along with the return of international business […]

The DJIA rose 43 points, Nasdaq was up 60, the S&P 500 was up 17 points and we told you it would happen, the 10-year treasury yield soared .10 to 4.54%. All those who held out locking in a mortgage are allowed to kick themselves. Lodging stocks were all over the place. SHCO was up 6% and SLNA rose $0.07 which is 24%.  AINC hit a new […]

GGRAsia said that 22 hotels associated with Macau casino complexes have their standard rooms sold out for at least three nights of the upcoming Golden Week. That was as of last Thursday. The rooms that are still being listed as available in some properties have hefty room prices of around US$400 a night. Samhi Hotels […]

The DJIA fell another 107 points Friday while Nasdaq was down 12, the S&P 500 fell 10 points and the 10 year treasury yield was down .04 to 4.44%. SOND traded down to a new all time low after their reverse split and then bounced, ending the day up 11%. AHT and SLNA both traded […]

The DJIA fell 370 points on the second day of the Fed reaction. Nasdaq was down another 245, the S&P 500 was down 72 points and the best sign of displeasure was in the 10-year yield, jumping .13 to 4.48%. Lodging stocks were lower. SOND’s reverse split is already having the expected effect, down another -10% nearly to another all-time low. Interested in […]

The DJIA fell 107 points, the Nasdaq was down 32, the S&P 500 fell 10 points, and the 10-year treasury yield was up .05 to 4.37%. Lodging stocks were lower on the day. Sonder announced its reverse split. Interested in attending the Skift Global Forum in NYC September 26-28? As a Daily Lodging Report subscriber, you receive 15%-off full-price tickets. Register here. (You must […]

The Royal Thai Government announced a temporary tourist visa exemption scheme to passport holders of the People’s Republic of China and the Republic of Kazakhstan effective from September 25, 2023 to February 29, 2024. The government hopes this will get them to their tourism revenue target of 2.38 trillion baht. Chinese and Kazakhstani nationals will be granted […]

The DJIA fell 289 points on Friday while the Nasdaq was down 218, the S&P 500 fell 55 points, and the 10-year treasury yield continued its march to 4.50%, up another .03 to 4.32%. Lodging stocks were mixed. New lows were set again by VCSA and AINC, while SOND fell -5% on a day when it held a vote on a reverse split. […]

The DJIA fell 70 points, the Nasdaq was up 40, the S&P 500 rose 6 points, and the 10-year treasury yield was down .02 to 4.25%. Lodging stocks were lower. VCSA traded down -9% to another all-time low, and AINC also hit a new low. AHT and SOND were both down -6%, and BHR fell -5% on the day. According to the J.D. Power […]