Innisfree Hotels

The DJIA rose 208 points while Nasdaq was down 203, the S&P 500 fell 46 points and the 10-year treasury yield was down .02 to 3.65%. Lodging stocks were lower. MCG was down -11%, SOND fell -9%, BHR was down -6% and VCSA ended the day down -5%. STR reported US lodging RevPAR for the week ended February 4. RevPAR was up 26.6% year over year. When […]

The DJIA rose 92 points, Nasdaq was up a point, the S&P 500 was up 4 points and the 10-year treasury yield jumped another .10 to 3.68%. Lodging stocks were modestly higher. VCSA traded down to a new low while MCG was down -6%. Aloft Hotels announced it has arrived in Playa del Carmen, Mexico, marking the third Aloft hotel in the Caribbean region. Aloft Playa […]

The DJIA rose 184 points while Nasdaq was up 123, the S&P 500 rose 30 points and the 10-year treasury yield was up .08 to 3.49%. Lodging stocks were modestly higher. The only big mover of note was MCG, up 8%. Chatham Lodging Trust announced its board of trustees reinstated their common dividend, announcing a fourth-quarter common share dividend of $0.07 per common share. […]

The DJIA fell 129 points while Nasdaq was down 114, the S&P 500 fell 29 points and the 10 year treasury yield was up .07 to 4.08%. Despite the down markets, lodging stocks were modestly higher even though the two biggest movers were to the downside. SLNA was down another -15%, ABNB fell -7% but VCSA was up 6% and MCG and AHT […]