Sheraton Hotels & Resorts

The DJIA fell another 107 points Friday while Nasdaq was down 12, the S&P 500 fell 10 points and the 10 year treasury yield was down .04 to 4.44%. SOND traded down to a new all time low after their reverse split and then bounced, ending the day up 11%. AHT and SLNA both traded […]

The DJIA fell 195 points, while the Nasdaq was down 10, the S&P 500 was down 18 points, and the 10-year treasury yield was up 0.68 to 4.258%. Lodging stocks were mixed, but Airbnb stock received a big lift with the announcement of its inclusion in the S&P 500. Truist reported on its visit to San Francisco for the Visit Impact Summit. The good news is that the fall […]

The DJIA fell 169 points to end the month of August while the Nasdaq was up 16, the S&P 500 was down 7 points, and the 10-year treasury yield was down .03 to 4.09%. Lodging stocks were mixed. Sortis Holdings revealed plans in January to buy Ace Group International and its management firm, Atelier Ace. The $85 million all-cash transaction promised to bring a dozen hotels, […]

STR reported China hotel data for the week ended August 19th. Hotel RevPAR in China rose 44.3% for the week. It was up against a tough 89.7% rise a year ago. Compared with the same week in 2019, China hotel RevPAR was up 12.3%. Savills Vietnam issued a report saying Vietnam still has been one of the destinations drawing great […]

The DJIA rose 184 points, Nasdaq was up another 215, the S&P 500 rose 48 points, and the 10-year treasury yield was down .13 to 4.20%. Lodging stocks were modestly higher, but the big mover was SOHO dropping -11%. VCSA traded down to another new all-time low. Either the reporters at Dow Jones are bored, or they didn’t get any upgrades the last […]

Tourism officials in Thailand are hoping for 2 million Russian tourists to visit the Kingdom next year. The Director of the Tourism Authority of Thailand’s Moscow office believes they could hit this record number if Thailand maintains its friendly country status with Russian government officials. Russia’s military invasion of Ukraine has Russian tourists unwelcome in many […]

STR reported that China hotel RevPAR was up 36.9% in the week ending July 22nd. That was up against a drop of -15.7% in the year-ago week. Versus the week in 2019, RevPAR was up 5.4%. The South China Morning Post published an article on how cash-rich investors are looking to buy hotels in Hong Kong, taking advantage […]

The Wall Street Journal published an article on how Chinese investors are fleeing the Western world, no longer having New York City hotels as their favorite place to put their funds. The report said the change is due to hostility to Chinese capital and that Chinese companies are now spending money on factories in Southeast Asia and mining and energy projects […]

The DJIA ended down 366 points while Nasdaq was down 113, the S&P 500 fell 35 points and the 10-year treasury yield was up .10 to 4.04%. Was there anyone who really did not think the 10-year was going to avoid going over 4%? The good news in the markets is the DJIA was down over 500 points this morning and recovered somewhat. […]

The Philippines Department of Tourism said they have already beaten last year’s full tourist arrivals target. As of June 26, the DOT said visitation was 2.64 million which is above the 1.7 million tourist goal set for 2022. The DOT is targeting 4.8 million tourists for the year 2023 as part of its National Development Plan. […]

The DJIA fell 5 points while Nasdaq was up 128, the S&P 500 was up 16 points and the 10 year treasury yield was up .08 to 3.80%. Equity indexes did better than lodging stocks today as consumer and leisure stocks were in the red today. The only mover of note today in lodging was VCSA, trading down to another all […]

Marriott International announced an agreement with Hiap Hoe Limited, through HH Properties Pte Ltd, to bring the Aloft Hotels brand to Singapore. There will be a strategic conversion of the 785 room hotel with the rebranding reopening to take place in Q3 2023, marking the Aloft brand’s debut in Singapore. This will be the largest Aloft branded hotel […]