Trademark Collection

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 rose 26 points, Nasdaq was down 26, the S&P 500 was down a point, and the 10-year treasury yield was down .06 to 4.25%. It sounds like a typical mid-August Friday in the stock market. Not so for lodging stocks, particularly Selina Hospitality which was read its last rites as it tried to avoid a reverse split to stay listed. SLNA plunged -41% […]

The DJIA fell 150 points Friday while Nasdaq was down 50, the S&P 500 fell 24 points while the 10-year treasury yield dropped notably, down .13 to 4.04%. The trading action is more in Treasuries than stocks these days. Lodging names were mixed; SLNA was the only mover of note, up 6% (although that is only a nickel). It was a mixed day […]

The DJIA fell 348 points, but Nasdaq was down more than 2% (down 310), while the S&P 500 was down 63 points. The 10-year treasury yield was up .03 to 4.08%. The initial trading when Selina Hospitality completed their SPAC deal was crazy, and today’s action showed they still have a lot of that craziness in their stock. The stock was up more than 50% […]

The DJIA rose 82 points, Nasdaq fell 17, the S&P 500 was down a point, and the 10-year treasury yield was down .06 to 3.85%. The Fed may be done with their rate hike today or may not be. Every inflation and jobs report will be scrutinized until we get a clear indication of what they will do. Lodging stocks were mixed. MAR […]

The DJIA rose 270 points while Nasdaq was flat, the S&P 500 rose 23 points, the 10-year treasury yield jumped .14 to 3.85% and lodging stocks were mostly higher. AHT and PK led the gainers, up 7% and 5% respectively. SLNA was down -9% and SHCO fell -7% on the day. STR reported US lodging data for the week ending June 24. Year over […]

Chiang Mai’s tourism industry is continuing to recover as the Thai Hotels Association (Upper Northern Chapter) said the average occupancy rate of hotels in the province rose to 75% in the first five months of 2023. Hotels in the northern province were sitting with a comfortable 70% occupancy rate from January to March, but those numbers […]

Macau has received 245,000 visitors in the first four days of the first four days of the Chinese New Year/Spring Festival holiday week. The visitor numbers have increasing starting with close to 40,000 on Saturday, 51,000 on Sunday and then a big increase on Monday and Tuesday. This is the highest visitation Macau has seen in three years. Wyndham Hotels […]

The DJIA fell 483 points while Nasdaq was down 222, the S&P 500 fell 73 points and the 10 year treasury yield was up .07 to 3.60%. Lodging stocks were lower. AINC was the bright spot, up 15%. SLNA fell another -9% to another all time low. VCSA fell another -6% to another all time low. MCG was down -7%, AHT was down […]

The DJIA ended the short session on Friday up 153 points while Nasdaq was down 59, the S&P 500 was down a point and the 10-year treasury yield was down .02 to 3.69%. Lodging stocks were modestly higher on the day. STR reported US lodging data for the week ended 11/19. US hotel RevPAR was up 20.1% year over year while up 19.3% for the same […]