The Peninsula Hotels

Hotel prices will surge for the upcoming Golden Week in popular cities. The Plus version of the Golden Week, including the Mid-Autumn Festival and National Day Holiday, drives this. Data from Qunar indicates that as of September 11, the top three cities for flight bookings during the holiday were Shanghai, Beijing, and Chengdu. A luxury suite at the Peninsula […]

The DJIA fell 102 points, Nasdaq was down 165, the S&P 500 fell 23 points and the 10 year treasury yield was down .01 to 3.72%. Lodging stocks were mixed. SHCO was up 6%, SLNA was up 5% but AHT fell -5% and VCSA was also down -5% but it traded down to another all time low. The American Hotel & Lodging […]