Wyndham Grand

How high will be too high for May Day Golden Week in China as reports continue to pour in about terrific business, soaring room rates along with a report from Bloomberg that there were roughly 19.7 million railway trips made across the country on April 29. China Railway Group said they expect a record 120 million […]

STR said China hotel RevPAR the week ended 12/24 was down -21.9% year over year and down -38.9% versus the same week in 2019. Absolute occupancy was 41.4% versus 51.1% the year before week. For now, there are really only two things that matter. The first is getting Covid to peak and start to see cases […]

Macau follows what China’s leadership tells them to and now it is confirmed that Zero Covid is dead. Macau’s Secretary for Social Affairs formally announced that Macau is undergoing a ‘gradual reopening’ as authorities realize they can no longer control the outbreak in the community and mainland Chinese policies shift towards a more open approach. The […]

The DJIA rose 35 points Friday while Nasdaq was down 21, the S&P 500 was down 5 points and the 10-year treasury yield was down .02 to 3.51%. Lodging stocks were mixed. MCG was up 10%. Marriott Vacations Worldwide Corporation announced an increase in its quarterly dividend. Their board declared a cash dividend for the quarter of $0.72 per share of common stock, up […]

Goldman Sachs said the Chinese government still needs to keep its Zero-Covid policy until probably the April-June quarter. This follows the commentary over the weekend, once again, that the government will maintain the policy even as global stock markets buy China-related stocks in hopes of a reopening soon. China reported its highest number of Covid-19 infections in six months on […]

The DJIA rose 323 points while Nasdaq jumped 208, the S&P 500 rose 59 points, and the 10-year Treasury yield took a breather, down .08 to 3.03%. Lodging stocks were higher. The biggest movers of the day included AHT with a 9% rise, VCSA was up 6% and SOHO resumed its rally, up 5%. Inflation, energy prices, supply chain challenges, labor shortages, and […]

The DJIA rose 61 points, Nasdaq was up 50, the S&P 500 was up 12 points and the 10-year Treasury yield is quickly rising to where it peaked in June, up another .05 to 3.11%. Lodging stocks were mostly higher. SOND was the big winner, up 11%. AHT ended the day up 5%. STR said US RevPAR for the week ended 8/20 was up […]

STR said China RevPAR for the week ended August 13 was up 107.7% year over, up against a -28.9% comparison. When compared with the same week in 2019, China hotel RevPAR was down -14.7%. Absolute occupancy for the week was 66.1%. That compares against and easy 36% comp in the year ago week. According to the […]

The DJIA fell 58 points, Nasdaq was down 151, the S&P 500 was down 18 points, and the 10-year treasury yield was up .03 to 2.80%. The calm was nice while it lasted. Lodging stocks were mixed. The second half of the earnings season included a sparkler from Hyatt, while IHG went back to returning money to shareholders with dividends and up to $500 million […]

The DJIA ended Friday with a gain of 77 points, while Nasdaq was down 63, the S&P 500 fell 7 points, and the 10-year treasury yield was up .16 at 2.84% on the strong jobs report. Lodging stocks were modestly lower, although the two big gainers were to the upside. SVC surged 10% on their earnings report. The vast majority of lodging company […]