The Lux Collective

The DJIA was down 46 points while Nasdaq was down 14, the S&P 500 fell 2 points and the 10-year treasury yield was up .12 to 3.57%. Lodging stocks were mixed. SHCO was up 9% and AHT was up 6% to lead the groups big movers. Marriott International, Inc. said Monday it had completed its acquisition of the City Express brand portfolio from […]

STR said things really improved in China following the belief that the Covid outbreaks were over. Hotel RevPAR for the week ended July 30 in China was up 8.5% year over year while down only -10.3% versus the same week in 2019. We wouldn’t get used to those numbers as once again we have a Zero-Covid fail […]