Tuesday, February 7, 2023
North America

Four Seasons Opening Private Retreats Collection in Los Cabos

  • Morgan Stanley changed price targets on its covered hotel companies. Hilton’s PT was lowered to $167 from $171, while Wyndham’s PT was upped to $90 from $87.
  • Chatham Lodging Trust announced they repaid in full three mortgages with outstanding principal of $73.3 million and a weighted average interest rate of 8%.
  • Four Seasons Resort and Residences Los Cabos at Costa Palmas will begin taking reservations for its ultra-luxury Private Retreats collection soon.

The DJIA rose 266 points while Nasdaq was up 226, the S&P 500 rose 53 points and the 10-year treasury yield was up another .04 to 3.67%. Lodging stocks were mixed. Morgan Stanley changed price targets on its covered hotel companies. Hilton’s PT was lowered to $167 from $171, while Wyndham’s PT was upped to $90 from $87. Both were maintained at Overweight. Equal-Weight […]

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In Today's Issue - North America

Companies

Anantara Hotels, Resorts & Spas, Blue Ridge Hotel Partners, Chatham Lodging Trust, Choice Hotels International, Davidson Hospitality Group, DiamondRock Hospitality Company, DoubleTree by Hilton, Element, Embassy Suites by Hilton, Expotel Hospitality, Four Seasons, Grupo Presidente, Hampton by Hilton, Hilton Hotels & Resorts, Home2 Suites by Hilton, HREC Investment Advisors, Hyatt Hotels Corporation, Jumeirah Hotels and Resorts, ME by Melia, Melia Hotels International, Minor Hotels, Park Hotels and Resorts Inc., Pebblebrook Hotel Trust, Sunstone Hotel Investors, Inc., The Unbound Collection by Hyatt, Thor Equities, Vacasa, Wyndham, Wyndham Hotels & Resorts

Locations

Alabama, California, Italy, Los Cabos, Malaga, Mexico, Ontario, Orlando, Switzerland, Virginia Beach, Washington DC