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North America

Hotels May End the Year Strong Thanks to Group Business

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. TruistĀ gave their forward-looking booking and pricingĀ trends for U.S. hotels report, saying they see no signs of any demand slowdown. In fact, they see 4Q23 […]

September 6th, 2023

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