Soho House and Co Inc.

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 fell 333 points, the Nasdaq fell 219, the S&P 500 was down 59 points, and the S&P 500 is one inflation or jobs report away from 5%, up another .06 to 4.90%. Lodging stocks were lower. SOHO traded down to a new low. VCSA was down -7% and is close to a new all-time low after the reverse split. SOND was down -6%, and SLNA fell -5% on the […]

The DJIA was up 66 points, Nasdaq was up 97, the S&P 500 rose 19 points and the 10 year treasury yield was down .06 to 4.60%. Lodging stocks were mixed. The two biggest movers were to the upside with both SHCO and VCSA both up 7% on the day. STR reported US lodging data for the week ended 10/7. US hotel RevPAR was up […]

The DJIA ended Friday with a gain of 288 points while the Nasdaq was up 212, the S&P 500 rose 50 points, and the 10-year treasury yield rose by .07 to 4.78% on the jobs report. Lodging stocks were mixed. TNL traded down to a new low. SHCO was up 6% to lead the group. STR said occupancy for September in the US was 66.3%. The preliminary data […]

The DJIA fell 74 points but Nasdaq was up 88 and the S&P 500 was up just less than half a point. The 10-year treasury yield resumed its upward move to 5%, up .11 to 4.68%. Lodging stocks were modestly lower. SOHO traded down to a new low. A Hilton-branded hotel in Old Town Scottsdale, Arizona, has been sold roughly three years after it opened […]

The DJIA rose 43 points, Nasdaq was up 60, the S&P 500 was up 17 points and we told you it would happen, the 10-year treasury yield soared .10 to 4.54%. All those who held out locking in a mortgage are allowed to kick themselves. Lodging stocks were all over the place. SHCO was up 6% and SLNA rose $0.07 which is 24%.  AINC hit a new […]

The DJIA rose 87 points, the Nasdaq was up 156, the S&P 500 rose 30 points, and the 10-year treasury yield was up .03 to 4.29%. Lodging stocks were mixed. BHR was up 7%, but that was the only big gainer. SOND was down -8%, AHT was down -6%, and SHCO was down -5% today. JP Morgan reported on investor meetings they held with Hyatt. […]

The DJIA was down 199 points while Nasdaq was down 148, the S&P 500 fell 31 points, and the 10-year treasury yield was up .02 to 4.29%. Lodging stocks were modestly lower. SHCO traded up to a new high. Truist gave their forward-looking booking and pricing trends for U.S. hotels report, saying they see no signs of any demand slowdown. In fact, they see 4Q23 […]

The DJIA rose 213 points while Nasdaq was up 114, the S&P 500 was up 28 points, and the 10-year treasury yield was down .03 to 4.21%. Lodging stocks jumped on the Hersha Hospitality buyout news, led by the REITs. HT was up 56%, BHR rose 16%, AHT was up 10%, and then CLDT, INN, XHR, and SHCO were up 6% each. On the […]

The DJIA was up 247 points on Friday, while Nasdaq was up 127, the S&P 500 rose 29 points, and the 10-year treasury yield was basically flat at 4.24%. Lodging stocks were modestly higher, with the two movers being SLNA, rising a whole 6 cents, which was 12.5%, and AHT bouncing 5%. Morgan Stanley upped their price target on CHH to $137 from $127 […]

The DJIA fell 374 while the Nasdaq was down 257, the S&P 500 fell 60 points, and the 10-year treasury yield was up .04 to 4.24%. Lodging stocks were lower, but the biggest mover was to the upside, with SOHO bouncing back 7%. VCSA traded down to yet another all-time low. Deutsche Bank updated their models and price targets on some hotel REITs. They were […]

The DJIA ended Friday with a gain of 105 points, while Nasdaq was down 76, the S&P 500 was down 5 points, and the 10-year treasury yield was up .09 to 4.17%. Lodging stocks were mixed. The big mover was SHCO, up 15% on what some said was a mixed earnings report, and what others said was a result higher than expected. The main […]