Year-End Hotel News Roundup

• EF Hutton initiated coverage on Selina Hospitality with a Buy rating and $6.50 price target.
• STR reported US lodging data for the week ended 12/24. RevPAR was down -0.2% year over year while down -7.6% versus the same week in 2019.
• Bluegreen Vacation Holdings said they had a total of 3,040,882 shares of Class A Common Stock tendered in their cash tender offer to purchase up to 4.5 million common shares at $25 per share.

Happy New Year! The DJIA eased less than 0.1%. Nasdaq lost 0.8%. The S&P 500dipped 0.4%. The 10-year U.S. Treasury yield declined 0.035 percentage point to 3.791%.  EF Hutton initiated coverage on Selina Hospitality with a Buy rating and $6.50 price target. STR reported US lodging data for the week ended 12/24. RevPAR was down -0.2% year over year while down -7.6% versus the same week […]