Amsterdam

Happy hump day, folks! I hope your week is going easy. We have a long one today. Let’s get into it.  Luxury hospitality brand Inspirato has partnered with Thomas James Homes, a replacement homebuilder in the U.S. As part of the collaboration, Inspirato will provide Thomas James Homes’ clients with a complimentary 12-month Inspirato Travel […]

Nantucket’s short-term rental occupancy tax revenue reached an all-time high this summer. Short-term rentals operating on the Massachusetts island during June, July, and August generated $4.8 million in taxes for the Nantucket Finance Department, according to data obtained by the Nantucket Current. This marked a 10% increase compared to the same period in the previous […]

Let’s face it: New York is hardly the first city to impose regulations on short-term rentals. Today is the official deadline for hosts to register their listings. Attempts to regulate short-term rentals around the world may have lessons — and implications. While it may still be early to measure the impact of these restrictions on […]

Hungary’s short-term rental hosts who offer their properties on Amsterdam-based Booking.com haven’t been paid for several months, leaving some having to decide whether they’ll need to shutter their businesses, according to published reports. Among the latest developments, regulatory authorities in Hungary initiated a complaint process against Booking, charging that a majority of hosts in the country haven’t […]

The DJIA was down 80, Nasdaq was up 4, the S&P 500 was flat and the 10-year treasury yield was up .03 to 3.60%, yet another truly mixed session. Lodging stocks were mostly lower but modestly so. VCSA traded down to yet another all-time low. Upper upscale hotels, the property types most associated with business travel, are well represented in the U.S. development […]

The DJIA was added 0.1% while Nasdaq slid less than 0.1%, the S&P 500 added 0.1% compared with Friday and the 10-year treasury yield ended at 3.414%, up slightly from Friday. Lodging stocks were mostly higher, including even ABNB getting a modest boost. SOND remained near its low. NewcrestImage has plans to acquire more than 100 hotels this year, reported CoStar. So far in 2023, […]

The DJIA rose 316 points, Nasdaq was up 185, the S&P 500 rose 51 points and it did not take long for the 10-year treasury yield to move back up, with the yield rising .13 to 3.61%. Lodging stocks were higher. AINC was the biggest mover, rebounding 13% while VCSA bounced 12%. SLNA traded down to a new low before bouncing a bit. […]

The DJIA fell 614 points while Nasdaq was down 138 and the S&P 500 was down 62 points. The 10 year treasury yield was down .16 to 3.38%, a drop of more than 4.5% on the yield. Lodging stocks were mostly lower. VCSA was down -12%, SOND was down -8% but MCG was up 5% on the Buy rating below. Roth initiated coverage on Membership Collective […]

The DJIA fell 113 points, Nasdaq was up 66, the S&P 500 was down 3 points and the 10-year treasury yield was down .05 to 3.52%. How was that for a mixed market? Lodging stocks were mostly lower even as the only movers of note were to the upside. SLNA jumped 13%, MCG was up 7% and AHT rose another 6% on the […]

The DJIA fell 100 points, Nasdaq was down 92, the S&P 500 was down 25 and the reason for the punch bowl being taken away from the recent rally was the 10 year treasury yield spiking .13 today to 4.13%. Lodging stocks were mixed. STR said US RevPAR was up 26.7% year over year for the week ending 10/15. When compared with the similar […]

The DJIA fell 347 points while Nasdaq was down 75, the S&P 500 fell 39 points and the 10-year treasury yield was up .07 to 3.83%. Lodging stocks were modestly lower. STR said US hotel RevPAR the week ending 10/1 was up 22.6% year over year, helped by Hurricane Ian and the holiday shift. RevPAR was up 12.9% when compared with the same […]