Tuesday, May 23, 2023
North America

Choice Is Pursing Wyndham

  • The big news was a rumor with the Wall Street Journal reporting Choice Hotels is making a move to acquire Wyndham Hotels & Resorts.
  • Truist upped their price target on Hyatt Hotels to $149 from $145. This follows H’s Investor Day and the tours of Apple Leisure Group resorts.
  • Pebblebrook Hotel Trust gave their monthly update saying for 2Q23, overall demand and profitability trends continue to remain within expectations.

The DJIA fell 231 points, Nasdaq was down 161, the S&P 500 fell 47 points and the 10-year treasury yield was down .02 to 3.70%. The indexes fell more and more as the day wore on, probably something that will continue until there is movement on how to handle the debt ceiling issue. In the midst of all this, a rumor came out […]

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In Today's Issue - North America

Companies

AC Hotels by Marriott, Aiden by Best Western, Aimbridge Hospitality, Airbnb, Ascend Hotel Collection, Best Western Hotels & Resorts, Bluebird, Choice Hotels International, Clermont Hotel Group, Crowne Plaza, Ennismore, EVEN Hotels, Hard Rock Hotels & Casinos, Hard Rock International, Hilton Hotels & Resorts, Hyatt Hotels Corporation, IHG Hotels & Resorts, Lark Hotels, Mandarin Oriental, Marriott International, Maybourne Hotel Group, Minor Hotels, Mondrian, NH Hotels, Peachtree Group, Pebblebrook Hotel Trust, Signia by Hilton, SureStay Plus, Voco, Wyndham Hotels & Resorts

Locations

Austin, Chicago, Delaware, England, France, Indianapolis, Ireland, Kentucky, Mexico City, Miami, Montana, Nevada, New Mexico, New York, North Carolina, Puerto Rico, San Antonio, San Francisco, South Carolina, Tennessee, UAE, Washington DC