Arkansas

The DJIA rose 39 points, Nasdaq was up 110, the S&P 500 rose 11 points and the 10-year treasury yield continued the march to 4%, up another .05 to 3.81%. Lodging stocks were somewhat mixed, but the gainers got all the attention. They were paced by a 13% rise for Airbnb and 9% gains for Vacasa and Sonder. Membership Collective (Soho House) was the only […]

The DJIA rose 169 points on Friday while Nasdaq fell 71, the S&P 500 was up 9 points and the 10-year treasury yield continued its march to 4%, up another .06 to 3.74%. Lodging stocks were lower. SOND was the biggest mover, down -8% while ABNB was down -5% on the day. According to STR, Phoenix’s hotel RevPAR is forecasted to reach $419 for February 10-12, […]

The DJIA rose 217 points while Nasdaq was up 69, the S&P 500 rose 14 points and the 10 year treasury yield was down .11 to 3.45%. Lodging stocks were higher with the only big mover of note once again being AHT, up another 6%. Baird gave their 2023 Hotel REIT outlook saying they are taking a more balanced approach in early 2023 as macroeconomic […]

The DJIA fell 498 points as investors did not like one of the members of the Fed’s comments about continuing to raise interest rates. Nasdaq was down 177, the S&P 500 fell 62 points and the 10-year treasury yield was up .01 to 3.70%. Lodging stocks were lower. SLNA fell -8% to a new low, VCSA was down -7%, also to a new […]

The DJIA ended Friday with a gain of 199 points while Nasdaq was up a point, the S&P 500 rose 19 points and the 10-year treasury yield was up .04 to 3.82%. Lodging stocks were higher. MCG and INN both were up 6% while SVC and SLNA were up 5% each. SOND fell -5% on the day. Xenia Hotels & Resorts announced its board […]

The DJIA fell 8 points while Nasdaq was down 39, the S&P 500 fell 12 points and the 10 year treasury yield was up .08 to 3.78%. Lodging stocks were mostly lower. SOND was up 6% but that was pretty much it for any type of positive movement.  MCG fell another -11%, SLNA was down -7%, SOHO and ABNB both fell -5% and VCSA traded […]