U.S. Leisure Travel Expected to End 2022 14% Higher Than 2019 Levels

• The DJIA fell 100 points, Nasdaq was down 92, the S&P 500 was down 25 and the reason for the punch bowl being taken away from the recent rally was the 10 year treasury yield spiking.
• STR said US RevPAR was up 26.7% year over year for the week ending 10/15.
• A new analysis projects U.S. hotel leisure travel revenue to be 14% higher by the end of this year than it was in 2019.

The DJIA fell 100 points, Nasdaq was down 92, the S&P 500 was down 25 and the reason for the punch bowl being taken away from the recent rally was the 10 year treasury yield spiking .13 today to 4.13%. Lodging stocks were mixed. STR said US RevPAR was up 26.7% year over year for the week ending 10/15. When compared with the similar […]