Thursday, October 12, 2023
North America

Apple Hospitality REIT Adds Key Marriott and Hyatt Properties to Portfolio

  • DJIA fell 174 points, Nasdaq down 85, S&P 500 down 27, and 10-year treasury yield surged to 4.71%.
  • Financial analysis by JP Morgan on Marriott Vacations Worldwide, noting risk factors and a Neutral rating.
  • Acquisitions by Apple Hospitality REIT, renovations of Marriott properties, and promotions at Noble House Hotels & Resorts, KSL Resorts, JLL’s Value and Risk Advisory platform, and Auberge Resorts Collection.

The DJIA fell 174 points while Nasdaq was down 85, the S&P 500 was down 27, and the 10-year treasury yield surged .12 to 4.71%. Lodging stocks were lower but the only real decliner of note was VCSA with an -8% decline. JP Morgan initiated coverage on Marriott Vacations Worldwide with a Neutral rating and […]

Subscribe for full access

Already subscribed? Sign in

In Today's Issue - North America

Companies

Aperture Hotels, Apple Hospitality REIT, Auberge Resorts Collection, Autograph Collection, Courtyard by Marriott, Crown Hotel & Travel Management, DoubleTree by Hilton, Embassy Suites by Hilton, Fairfield Inn & Suites, HEI Hotels & Resorts, Hilton Hotels & Resorts, Holiday Inn Express, Home2 Suites by Hilton, Homewood Suites by Hilton, HREC Investment Advisors, Hyatt Hotels Corporation, Hyatt House, IHG Hotels & Resorts, JLL, KSL Resorts, Marriott Hotels, Marriott International, Marriott Vacations Worldwide, Moxy Hotels, Noble House Hotels & Resorts Ltd., Park Hotels and Resorts Inc., Residence Inn by Marriott, The RADCO Companies, Thompson Hotels, Titan Hotel Group, TownePlace Suites, Trademark Collection, Truist Securities, Vacasa, White Lodging, Wyndham Hotels & Resorts

Locations

Arkansas, Atlanta, California, Delaware, Houston, Mississippi, North Carolina, Oklahoma City, Portland Maine, Salt Lake City, Texas, Washington DC