Waldorf Astoria Hotels & Resorts

The FIFA Women’s World Cup 2023 in Australia and New Zealand generated $2.98 billion in travel and retail spending in NSW, boosting the economy and drawing record audiences to hospitality venues. Nikkei Asia published an article on Hilton planning to expand its luxury offerings in Asia. Hilton will be bringing its Waldorf Astoria brand to Malaysia, Vietnam, India, and other countries for the first time […]

Bloomberg reported on the boom in hotel investment in Japan. We recently reported on the appetite Blackstone has for Japanese real estate, particularly hotels. The Bloomberg article expanded on that, saying foreign investors, including Goldman Sachs Group, KKR & Co, and Blackstone, have spent a combined $2 billion on hotel deals in Japan so far this year, the most compared […]

The DJIA fell 37 points, but Nasdaq roared back, up 207, while the S&P 500was up 30 points. The 10-year treasury yield was up .09 to 4.34%. Lodging stocks were lower on the day. SLNA bounced back a little, up 9%, but that was only $0.04 per share. BHR was down -6% to another new low, and VAC also traded down to […]

The DJIA ended Friday with a gain of 105 points, while Nasdaq was down 76, the S&P 500 was down 5 points, and the 10-year treasury yield was up .09 to 4.17%. Lodging stocks were mixed. The big mover was SHCO, up 15% on what some said was a mixed earnings report, and what others said was a result higher than expected. The main […]

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 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 […]

The DJIA fell 200 points while Nasdaq was down 11, the S&P 500 fell 9 points and the 10-year treasury yield was nearly flat at 3.69%. Lodging stocks were lower despite what seemed like optimism from the NYU show. SOND was down -10% and SHCO was down -6% to top the big movers. Marriott International, Inc. plans to further expand in the affordable midscale […]

The DJIA ended the day and month down 135 points while Nasdaq was down 82, the S&P 500 fell 26 points and the 10-year treasury yield was down .06 to 3.64%. Lodging stocks were mixed again. SOND was up 11%, SLNA was up 6% and everyone else seemed to be up or down 1% to 2%. Piper Sandler cut their price target on Sotherly Hotels to […]

The DJIA fell another 35 points but Nasdaq bounced, up 214 while the S&P 500was up 36 points. The 10-year treasury yield was up .10 to 3.81%. It may as well just get to 4% because we all know it is going to threaten that any day now. Lodging stocks were mixed. SLNA and VCSA were the Bobbsey Twins today, both down […]

STR reported China hotel RevPAR, the week ending April 8, was up 108.5% on a year-over-year basis. It was up against an easy -49.5% comparable in 2022. When compared with the same week in 2019, China hotel RevPAR was down -16.4%. The results cannot be viewed as apples to apples as it includes a holiday week shift. […]

The DJIA rose 98 points, Nasdaq was down 52, the S&P 500 was flat, and the 10-year treasury yield was up .06 to 3.43%. Lodging stocks were modestly higher. SLNA was up 6%, but SOND traded down to yet another new all-time low. Craig-Hallum initiated coverage of LuxUrban Hotels with a Buy rating and a $10 price target. A New York hotel union reached a deal with hotel […]

The DJIA rose 75 points, Nasdaq was up 117, the S&P 500 gained 12 points and the 10-year treasury yield was down another .09 to 3.41%. Lodging stocks were mixed. SLNA had the best day in a month or so, up 14% while SOND was down another -6% to another new low. Pebblebrook Hotel Trust gave a 1Q operating update, showing the quarter is […]