Monday, January 23, 2023
North America

ALIS Hotel Conference Preview

  • Jefferies gave their ALIS Conference preview saying they anticipate the lodging management teams will provide incremental color on the trajectory of lodging in a variety of economic scenarios.
  • Marriott International, Inc. announced the company‚Äôs deal signings accelerated again in 2022. The company signed a total of 726 management and franchise agreements.
  • Wyndham Hotels & Resorts is setting its sights on a continued expansion in 2023, following a banner year that saw the company cap multiple milestones and accomplishments across the globe.

The DJIA rose 254 points, Nasdaq was up 224, the S&P 500 rose 47 points and the 10 year treasury yield was up .04 to 3.53%. Lodging stocks were higher SOND rose 7%, VCSA was up 6% and SOND and H traded up to a new high. Jefferies gave their ALIS Conference preview saying they anticipate the lodging management teams will provide incremental color on the trajectory […]