Lodging Stocks Hit New Lows While RevPAR Continues to Impress

• The Fed Sell Off continues in the financial markets as the DJIA fell another 486 points on Friday, Nasdaq was down 199, the S&P 500 fell 65 points and the 10-year treasury yield was down .01 to 3.70%.
• In New York City, the Skift (parent company of this publication) conference generated a lot of headlines, the biggest one being Barry Diller of IAC once again trashing working from home.
• Lodging stocks are hitting new lows, while RevPAR continues to impress.

The Fed Sell Off continues in the financial markets as the DJIA fell another 486 points on Friday, Nasdaq was down 199, the S&P 500 fell 65 points and the 10-year treasury yield was down .01 to 3.70%. Lodging stocks were crushed again with the list of new lows getting longer. That list on Friday included WH, HT, PK, TNL, HGV, CHH, IHG, […]