JLL

The DJIA fell 41 points while the Nasdaq was down 120, the S&P 500 fell 25 points. The 10 year treasury yield was up .06 to 4.29% and lodging stocks were mixed. RHP, HLT and IHG traded up to new highs but SLNA was down another -8% to another new low. Morgan Stanley gave a global view of the hotel industry, saying […]

The DJIA surged 520 points but Nasdaq was down 32, the S&P 500 was up 17 points and the 10-year treasury yield was up .08 to 4.35%. Lodging stocks were modestly higher. SOHO was the biggest mover, down -6% and VAC traded down to another new low. Truist gave their latest observations on forward-looking bookings and pricing trends for mid and higher end US hotels. Truist said they are […]

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 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 […]

STR reported China hotel data for the week ended November 4. Hotel RevPAR in China was up 57.6% for the week, up against a comp of 4.4% growth in 2022. When compared with the same week in 2019, RevPAR was down -13.8%. JLL’s Hotel Momentum India report said a total of 59 hotels comprising around 4,700 keys were signed in India in the […]

The DJIA was up 35 points, Nasdaq was up 41, The S&P 500 rose 8 points and the 10 year treasury yield was up .10 to 4.66%. Lodging stocks were all over the place.  HGV and BVH led the trading with BVH up 107% and HGV down -8%.  VCSA was up 10%, VAC traded down to another new low, AHT was […]

Stocks rallied again on Friday as treasury bond yields continued to plunge. The DJIA was up 222 points as Nasdaq rose 184, the S&P 500 was up another 41 points, and the 10-year treasury yield was down .11 to 4.56%. Lodging stocks were higher, led by REITs although the new age companies went along for the ride. […]

The DJIA fell 105 points, Nasdaq was down 319, the S&P 500 was down 61 points, and the 10 year treasury yield was up .11 to 4.95%. Lodging stocks were lower. About the only good news was that HLT was up $1.10. New lows were set by TNL, VAC, HGV, and VCSA. Hilton kicked off […]

The DJIA fell 251 points, Nasdaq was down 128, the S&P 500 was down 37 and the 10 year treasury yield was up .08 to 4.99%. We should have started with Fed Chief Powell spoke today so you would know what to expect from the indexes. Lodging stocks were lower. SOHO and VCSA traded down […]

The DJIA rose 39 points on Friday, but the Nasdaq was down 167, and the S&P 500 was down 22 points, so it was a down day across most stocks, lodging included. The 10-year treasury yield fell .08 to 4.63%. The only mover of note in lodging stocks was SOND, down -9%. Baird gave a hotel check-in on recent conversations and investor sentiment. […]

The DJIA fell 174 points while Nasdaq was down 85, the S&P 500 was down 27, and the 10-year treasury yield surged .12 to 4.71%. Lodging stocks were lower but the only real decliner of note was VCSA with an -8% decline. JP Morgan initiated coverage on Marriott Vacations Worldwide with a Neutral rating and […]

The DJIA rose 127 points while Nasdaq was up 177, the S&P 500 rose 34 points and the 10-year treasury yield was down .07 to 4.74%. Lodging stocks were higher. SOND was up 6%, SHCO and INN were both up 5% on the day. STR reported US lodging data for the week ended September 30. US hotel RevPAR was up 5.4% with rates up 4.6%. Group RevPAR rose 14.6%. According […]