Tuesday, October 18, 2022
North America

U.S. Businesses Pare Back Travel Restrictions

  • The DJIA was up 338 points while Nasdaq was up 97, the S&P 500 was up 42 points, while the 10-year treasury yield was down nearly .02 to 4.00%.
  • Evercore ISI Group upped its rating on DiamondRock Hospitality to Outperform from In-Line.
  • US Travel’s latest Business Travel Tracker finds American companies increasingly paring back pandemic-era restrictions on business travel

The DJIA was up 338 points while Nasdaq was up 97, the S&P 500 was up 42 points, while the 10-year treasury yield was down nearly .02 to 4.00%. Lodging stocks were modestly higher. SOHO led the group, up 7% while INN was up 5%. Evercore ISI Group upped its rating on DiamondRock Hospitality to Outperform from In-Line. US Travel’s latest Business Travel Tracker finds American companies […]

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In Today's Issue - North America

Companies

Aimbridge Hospitality, Aloft Hotels, Apollo Global Management LLC, Autograph Collection, Best Western Hotels & Resorts, Concord Hospitality, Ennismore, Extended Stay America, Extended Stay America Premier Suites, Hard Rock International, Hilton, Hilton Hotels & Resorts, Hospitality Ventures Management Group, Hotel Equities, Hyatt Hotels Corporation, Hyatt Regency, Leonardo Hotels, Marriott International, Melia Hotels International, PMZ Realty Capital LLC, Radisson Hotel Group, Radisson Red, Reverb by Hard Rock, Rocco Forte Hotels, Sonder Holdings Inc., SureStay Plus, The Hoxton, The Melia Collection, TMGOC Ventures LLC, TownePlace Suites, Whitman Peterson

Locations

Alabama, Atlanta, California, Dominica, Dublin, Florida, Hawaii, London, Madrid, Massachusetts, Nebraska, New York, Ohio, Orlando, South Carolina, Utah, Washington DC