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Stonehill

North America

Two Forecasts Point to Strong 2023 Hotel Performance

The DJIA rose 369 points while Nasdaq was up 191, the S&P 500 rose 59 points and the 10-year treasury yield was down .02 to 3.53%. Lodging stocks were higher across the board. MCG was the big winner, up 12% while INN, VCSA and PLYA each rose 5% on the day. Despite projections of persistent inflation and a moderate economic recession, CBRE’s November 2022 […]

January 31st, 2023

North America

Earnings Reports and Interest Rates Spook Investors

There are two things that are a near certainty these days in the stock market. The first is the market has a really good chance of being up on Fridays and will crater during and especially after Fed Chief Powell holds his press conference. The DJIA ended the day down 505 points while Nasdaq was down 366, the S&P […]

November 2nd, 2022

North America

Lodging Stocks End Higher While Hotel Index Stock Drops

The DJIA jumped 551 points today while Nasdaq was up 354, the S&P 500 was up 95 points and the 10-year treasury yield was up .01 at 4.02%. Lodging stocks were higher. VCSA was up 10%, SOND was up 8%, ABNB was up 7% and SVC was up another 5%, still sporting a dividend yield of more than 10% even after a 33% […]

October 17th, 2022

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