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Rebel Hotel Company

North America

Short-Term Rental Crackdown in New York City

The DJIA rose 29 points on Friday, losing most of its gains for the day. Nasdaq was up 109, the S&P 500 rose 10 points and the 10-year treasury yield was up .03 to 3.52%. Lodging stocks were higher. SOND was the biggest gainer, up 8% while ABNB and VCSA were both up 6% on the day. Wells Fargo cut their rating on Hyatt Hotels to […]

January 29th, 2023

North America

International Visitors to the U.S. Bring in New Highs

The DJIA rose 334 points, Nasdaq was up 52, the S&P 500 rose 21 points and the 10 year treasury yield was down .09 to 4.13%. Lodging stocks were modestly higher. SLNA was higher for a second day, up another 11%, while VCSA was up 5%. Apple Hospitality reported a modest beat with RevPAR up 7.5% versus 3Q19. In September and October APLE bought […]

November 8th, 2022

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