Hyatt’s Grand Ambitions for 2023
- Lodging stocks were higher. SLNA topped the list with a 10% gain followed by AHT and VCSA, both up 6%.
- We start today’s newsletter on a sad note as many of you probably heard that Bruce White, the founder and chairman of White Lodging, passed away at the age of 70.
- Pebblebrook Hotel Trust gave a January operations update and include an update on 4Q preliminary results. Remember they roiled the Lodging REIT stocks when they preannounced weaker than expected 4Q results.
The DJIA rose 331 points on Friday while Nasdaq was up 288, the S&P 500 rose 74 points and the 10 year treasury yield was up .09 to 3.48%. Lodging stocks were higher. SLNA topped the list with a 10% gain followed by AHT and VCSA, both up 6%. We start today’s newsletter on a sad note as many of you probably heard […]