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North America

Baird’s 2023 REIT Outlook Is Cautious

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 […]

January 12th, 2023

North America

Business Travel May Be Back, Mostly?

The DJIA rose 151 points, Nasdaq was up 81, the S&P 500 was up 17 points and the 10-year treasury yield was down .06 to 2.79%. Lodging stocks were mixed on the day. VCSA was the big gainer again, up another 9%, while HT was up 6%. B.Riley maintained its Neutral rating on Ashford Hospitality but lowered its price target from $12 to $9. The Heard […]

August 15th, 2022

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