Thursday, February 2, 2023
North America

International Arrivals to U.S. in November Increased 61% YoY

  • Wells Fargo changed price targets on a bunch of hotel names in their coverage.
  • In November 2022, total non-US resident international visitor volume to the United States increased 61.3% compared to November 2021
  • According to the Q4 2022 Hotel Construction Pipeline Trend Report for Canada by Lodging Econometrics, Canada’s total construction pipeline stands at 267 projects/35,758 rooms.

The DJIA fell 39 points but Nasdaq keeps rolling on, up another 385 while the S&P 500 rose 61 points. The 10-year treasury yield was flat at 3.40%. Lodging stocks were higher. SOND led the group with a 19% rise, MCG was up 9% but SLNA fell -6% on the day. Wells Fargo changed price targets on a bunch of hotel names in their coverage.  They upped Marriott’s target price […]

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In Today's Issue - North America

Companies

Ace Hotel, American Hospitality Services, Inc., Apple Hospitality REIT, Avison Young Hospitality Group, Big Freedia, CBRE Hotels, Choice Hotels International, Crescent Hotels & Resorts, DGC Development Corp., DiamondRock Hospitality Company, Dream Hotel Group, Dream Hotels, Dreams Resorts & Spas, Fairfield Inn & Suites, GOCO Hospitality, Grand Hyatt, Great Wolf Resorts, Hampton by Hilton, Hilton Hotels & Resorts, Holiday Inn Express, Home2 Suites by Hilton, Hyatt Hotels Corporation, Hyatt Place, IHG Hotels & Resorts, JdV by Hyatt, KSL Resorts, LRE & Companies, Marriott International, Pebblebrook Hotel Trust, Selina, Service Properties Trust, Soho House and Co Inc., Sonder Holdings Inc., Sortis Holdings, The Chatwal Hotels, The Park Hotels, Unscripted Hotels, VICI Properties Inc., Woodspring Suites

Locations

Arizona, British Columbia, California, Colorado, Connecticut, New Orleans, New York, New York City, Ontario, Orlando, Quebec, Scottsdale, Texas, United States, Vancouver