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Trammell Crow Company

North America

CBRE Raises Hotel Performance Forecast for 2023

The DJIA ended Friday down 109 points while Nasdaq was down 31, the S&P 500fell 6 points and the 10-year treasury yield was up .04 to 3.69%. Lodging stocks were modestly lower. SOND was down -14% after rising in the past week on heavy insider buying. SLNA traded down -8% to another all-time low. STR reported US RevPAR for the week ended May 13 […]

May 21st, 2023

North America

Tech Sector Weakness Contributes to Corp. Bookings Price Pressure

The DJIA fell 195 points, Nasdaq was up 14, the S&P 500 fell 4 points and the 10 year treasury yield was down .17 to 3.53%. How is that for a weird market? Lodging stocks were mixed. VCSA was down -5% while SLNA traded down to another new low. TruistĀ gave their observations on the latest forward-looking booking and pricing trends for US hotels and checks with contacts. […]

December 1st, 2022

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