Hyatt Regency

June is coming in like a lion with the second day even better than the first in the markets with the DJIA surging 701 points on an actual economic report. The stronger-than-expected jobs report also helped Nasdaq rise an additional 140, the S&P 500 was up 61 points and the 10-year treasury yield was up .08 to 3.69%. Lodging stocks were higher led […]

Ahead of the long holiday weekend, the DJIA was up 329 points on Friday while Nasdaq was up 278, the S&P 500 was up 54 points and the 10-year treasury yield was somewhat flat at 3.81%. Lodging stocks were higher. SOND popped by 13% but SLNA dropped another -10% to another all time low. VCSA was up 5%. In observance of Memorial […]

The DJIA fell another 35 points but Nasdaq bounced, up 214 while the S&P 500was up 36 points. The 10-year treasury yield was up .10 to 3.81%. It may as well just get to 4% because we all know it is going to threaten that any day now. Lodging stocks were mixed. SLNA and VCSA were the Bobbsey Twins today, both down […]

The DJIA was down 256 points while Nasdaq was down 76, the S&P 500 fell 30 points and the 10-year treasury yield was up .02 to 3.72%. Lodging stocks were lower. The only mover of note was AHT, down -6%. The common consensus among lodging analysts is that the Choice Hotels/Wyndham Hotels rumor makes little sense and won’t happen. Most brought up what we […]

The DJIA ended Friday down 109 points while Nasdaq was down 31, the S&P 500fell 6 points and the 10-year treasury yield was up .04 to 3.69%. Lodging stocks were modestly lower. SOND was down -14% after rising in the past week on heavy insider buying. SLNA traded down -8% to another all-time low. STR reported US RevPAR for the week ended May 13 […]

The DJIA was down 56 points but Nasdaq was up 22, the S&P 500 rose 2 points and the 10-year treasury yield seems to be the best trade these days, back up to 3.52%, up .08 today. Lodging stocks were modestly lower. ABNB was the only mover of note, up 5% while SLNA traded down to another all-time low before getting a little […]

The Ministry of Culture and Tourism in China said domestic travelers reached 274 million during the recent Labour Day Golden Week holiday, topping 120% of pre-Covid levels. Chinese domestic tourism revenue reached US$21.4 billion during the period, up 128.9% yearly, recovering to 101% of the same period in 2019. International flights recovered to around 40% over the […]

The DJIA dropped 286 points, while Nasdaq was down 58, the S&P 500 fell 29 points, and 10-year treasury was up .02 at 3.36%. The Dow Jones U.S. Travel & Tourism Total Stock Market Index was down 1.3 percent. The earnings calendar accelerated in both the REIT and C-Corp section in the past 24 hours. Hyatt received the most attention with a clean beat but then […]

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 […]

The DJIA ended Friday with a gain of 22 points while Nasdaq was up 13, the S&P 500 rose 4 points and the 10-year treasury yield was down .03 to 3.57%. Lodging stocks were lower with AINC and VCSA both hitting new lows. SOND was the big percentage gainer, up 8% but that was not even a gain of $0.04 in share price. […]

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 […]

A Crisil Market Intelligence report predicted the revenue of premium hotels in India will rise 80% this current fiscal year. The rise will be on the back of 19%-21% after a 13% jump in 2022. Occupancy levels for premium hotels are expected to rise from 50% in the last fiscal year to 67-72 percent in Fiscal […]