Wednesday, January 11, 2023
North America

Hilton Launches Premium Economy Brand Spark

  • Lodging stocks were higher led by AHT, up another 10%. ABNB and PLYA were both up 7% on the day while VCSA was up 6% and HST rose 5%.
  • Truist gave their 2023 lodging preview, saying they see a mixed bag for demand/pricing/supply trends for the lodging companies. Similar to the past nine months, they see “macro over micro” at the moment.
  • DiamondRock Hospitality said their preliminary 4Q22 comparable revenue grew 23.4% year over year and 8.5% compared to 2019.

The DJIA rose 269 points while Nasdaq was up 189, the S&P 500 rose 50 points and the 10 year treasury yield was down .07 to 3.55%. Lodging stocks were higher led by AHT, up another 10%. ABNB and PLYA were both up 7% on the day while VCSA was up 6% and HST rose 5%. Truist gave their 2023 lodging preview, saying […]

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In Today's Issue - North America

Companies

Aimbridge Hospitality, Airbnb, AKA, Ashford Hospitality Trust, Crescent Hotels & Resorts, DiamondRock Hospitality Company, Electra America Hospitality Group, Graduate Hotels, Hampton by Hilton, HEI Hotels & Resorts, Hilton Garden Inn, Hilton Hotels & Resorts, Home2 Suites by Hilton, Host Hotels & Resorts, Inc., Hunter Hotel Advisors, HVS, Hyatt Hotels Corporation, IHG Hotels & Resorts, Korman Communities, Loews Hotels & Co, Marriott International, Moxy Hotels, Noble Investment Group, Paramount Lodging, Parks Hospitality Group, Pebblebrook Hotel Trust, Playa Hotels & Resorts, Spark by Hilton, Swire Hotels, TPG, Tru by Hilton, Vacasa, Viceroy Hotels & Resorts, Voco, Wyndham Hotels & Resorts, Zenith Asset Company, LLC

Locations

Boston, California, Charlotte, Colorado, Georgia, Miami, Milwaukee, New York, North Carolina, San Francisco