Thursday, June 29, 2023
North America

Curator Now Has 100 Member Hotels

  • Market Update: DJIA up 270 points, S&P 500 rose 23 points, Nasdaq remained flat, and 10-year treasury yield jumped to 3.85%.
  • Lodging Industry News: STR reported a slight decline in hotel RevPAR, but a 12% increase compared to the same week in 2019.
  • Hotel Renovations and Openings: StepStone Hospitality completed a $3.5 million renovation at Fairfield Orlando I-Drive Convention Center, and The Ritz-Carlton Naples reopens after extensive renovations with new amenities and redesigned rooms.

The DJIA rose 270 points while Nasdaq was flat, the S&P 500 rose 23 points, the 10-year treasury yield jumped .14 to 3.85% and lodging stocks were mostly higher. AHT and PK led the gainers, up 7% and 5% respectively. SLNA was down -9% and SHCO fell -7% on the day. STR reported US lodging data for the week ending June 24. Year over […]