Lark Hotels

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 […]

The DJIA fell 231 points, Nasdaq was down 161, the S&P 500 fell 47 points and the 10-year treasury yield was down .02 to 3.70%. The indexes fell more and more as the day wore on, probably something that will continue until there is movement on how to handle the debt ceiling issue. In the midst of all this, a rumor came out […]

The DJIA rose 327 points while Nasdaq was down 32, the S&P 500 was up 15 points and the 10-year treasury yield was down .06 to 3.43%. Lodging stocks were mixed. SOND fell another -7% to another all time low. VCSA was down -5% on the day. SSN Hotels is asking the local planning board to approve the construction of two hotels on Hurffville […]

The DJIA rose 528 points while Nasdaq was up 139, the S&P 500 was up 56 points and the 10 year treasury yield was up .04 to 3.61%. Lodging stocks were higher. The big mover was BHR, up 5%. VCSA traded down to another new low. Truist reported on takeaways from their Lodging/Leisure conference they had last week. Truist said management tones remained relatively positive but […]