Motto and Voco Add Locations in New York City

• Marriott is planning a new Residence Inn in Cary, North Carolina, featuring 122 guestrooms, meeting facilities, and various amenities.
• Hilton has opened Motto by Hilton New York City Times Square, marking the second Motto by Hilton brand in the city and the sixth Motto by Hilton overall.
• IHG Hotels & Resorts has celebrated the opening of a new Holiday Inn property in South Philadelphia after a $10 million conversion, marking their first IHG-banded property in the area.

The DJIA rose 76 points on Friday while Nasdaq was up 13, the S&P 500 was up 6 points, and the 10-year treasury yield was flat at 4.26%. Lodging stocks were modestly higher. AHT surged 14% to lead the group. AINC traded down another -5% to another new low. SLNA was down another -9%, and SOND fell another – 6%. A new Marriott […]