Tuesday, September 19, 2023
North America

Hyatt Plans 30+ Properties in the Americas

  • B of A Securities gives IHG Hotels & Resorts a Buy rating. Sonder announces a 1-for-20 reverse stock split.
  • Hyatt plans to expand with over 30 new hotels in the Americas by 2025, emphasizing luxury, resort, and lifestyle rooms.
  • Miraval Resorts unveils its spa after a $60 million renovation. Raffles Boston and The Fontainebleau Las Vegas announce their openings.

The DJIA fell 107 points, the Nasdaq was down 32, the S&P 500 fell 10 points, and the 10-year treasury yield was up .05 to 4.37%. Lodging stocks were lower on the day. Sonder announced its reverse split. Interested in attending the Skift Global Forum in NYC September 26-28? As a Daily Lodging Report subscriber, you receive 15%-off full-price tickets. Register here. (You must […]