Tuesday, April 25, 2023
North America

Acquisitions by Noble Investment Group and Bluegreen Vacations

  • The stock market experienced a decrease, with the Dow Jones Hotel & Lodging REITs Index down 2.3%.
  • There were several hotel acquisitions, renovations, and new developments announced.
  • There were also announcements of management changes, upgrades, and technology acquisitions in the hospitality industry.

The DJIA fell 344 points while Nasdaq was down 238, the S&P 500 fell 65 points, and the 10-year treasury yield was down 0.12 to 3.4%. The Dow Jones Hotel & Lodging REITS Index was down 2.3%.  Noble Investment Group announced the acquisition of the Hampton Inn & Suites Charlottesville – At The University, located adjacent to the University of Virginia and the UVA Medical […]