Rosewood to Bring Its Branded Residences to Florida

• Rosewood Hotels & Resorts announced Rosewood Residences Hillsboro Beach, located two miles from both Boca Raton and Pompano Beach, Florida.
• The Vinoy Resort and Golf Club, Autograph Collection has completed the initial phase of a comprehensive renovation led by Rockwell Group.
• Simon Property Group purchased the Hampton Inn & Suites at Phillips Placefrom Phillips Place Hotel Investors for $42 million.

The DJIA was up 3 points while Nasdaq was up 91, the S&P 500 rose 15 points and the 10-year treasury yield was flat at 3.29%. Lodging stocks were mostly higher. ABNB completed a lousy shortened week, down another -5% with even CNBC discussing how poorly the stock is trading. SOND traded down to another new low before bouncing a bit and SHCO […]