IHG Hotels & Resorts

The DJIA was up 84, Nasdaq was up 41, the S&P 500 was up 4 points, and the 10-year treasury yield was down 0.05 to 4.34%. Lodging stocks were mixed. RHP traded up to another new high, but SOND was down another -6% to another all-time low. SLNA and VCSA also traded down to new all-time lows, but VCSA bounced, ending up 5% for the day. STR’s global update as of […]

The DJIA fell 57 points, Nasdaq was down 10, and the S&P 500 was down 9 points. Not even a .08 drop in the 10-year treasury to 4.39% could lift stocks. The extent of the good news in lodging stocks was that RHP traded up to a new high. SOND plunged another -15% to another all-time low, SLNA was down to another new low, and VCSA stayed just above a new […]

The People’s Republic of China launched a one-year pilot project allowing visitors from Germany, Italy, the Netherlands, Spain, and Malaysia to no longer need a tourist visa. This goes along with the introduction of new flights and increased outreach to Western media to praise cultural relations. Currently, 54 countries can now transit to China visa-free. Malaysia’s Prime Minister announced that visitors from China and India will be granted 30-day […]

Due to the Thanksgiving Holiday in the US, there will be no Daily Lodging Report – Asia Pacific on Thursday, November 23. Singapore welcomed a total of 1,125,948 international visitor arrivals in October, up 37.8% year over year. There was a small sequential decline from September but this is the third straight month of sequential […]

The DJIA fell 63 points while Nasdaq was down 85, the S&P 500 was down 9 points and the 10-year treasury yield was flat at 4.42%. Lodging stocks were modestly lower. HLT traded up to another new high, while SLNA fell to another new low, down -5%. AHT was down -9%, SHCO fell -7% and BHR was down -5% on the day. Due to the Thanksgiving Holiday, there will be no […]

Note: Due to the Thanksgiving Holiday in the US, there will be no Daily Lodging Report – Asia Pacific on Thursday, November 23, 2023. Trip.com said global search results for China inbound travel improved by nearly 40% in 3Q23 compared to the previous quarter. They expect the demand for travel to China to rise in […]

The DJIA was up 204 points while Nasdaq was up 159, the S&P 500 rose 33 points and the 10-year Treasury yield was down .04 to 4.42%. Lodging stocks were higher. HLT traded up to another new high, AHT was up 5% but SOND plunged another -7% to another new low. Deutsche Bank gave a recap of their recent Gaming, Lodging, Leisure & Restaurant Conference. They said optimism around […]

The DJIA rose 2 points on Friday while Nasdaq was up 12, the S&P 500 was up 6 and the 10 year treasury yield remained around 4.44%. Lodging stocks were higher. HLT traded up to another new high. The biggest mover was to the downside with SOND down another -10%. UBS cut their price target […]

The DJIA fell 46 points, Nasdaq was up 10, the S&P 500 was up 5, while the 10-year treasury yield was down .09 to 4.45%. Lodging stocks were mixed. SOND was the biggest mover and biggest loser, down another -12%. SHCO and AHT were both down -6% while VCSA fell -5% on the day. CBRE is forecasting RevPAR growth to recover in 2024 as inbound […]

STR reported China lodging data for the week ended November 11th. China hotel RevPAR was up 50% for the week, year over year, up against a +17.5% comp in the year ago. When compared with the same week in 2019, RevPAR was down -11.7%. IHG Hotels & Resorts and Asset World Corp Public Company Limited […]

The DJIA rose 164 points while Nasdaq was up 9, the S&P 500 rose 7 points while the 10 year treasury yield was up .09 to 4.54%. The markets closed well off their highs but lodging stocks were mixed to higher. HLT traded up to another new high, AHT was up 10% while SHCO and […]

Amara Holdings received a voluntary cash offer at 60 cents per share from a consortium linked to Albert Teo, Amara’s CEO, other members of his family, and private equity investor Dymon Asia. The offer is final and is a 53.8% premium over Amara’s price on June 15th, before the company announced its key shareholders were […]