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North America

Raines Buys HP Hotels, Hilton to Expand in France

The DJIA rose 336 points today while Nasdaq was up 239, the S&P 500 was up 65 points and the 10-year treasury yield bounced back .12 to 3.64%. Lodging stocks were higher. VCSA led with a gain of 6% while SLNA was up 5%. BVH continued its decline, down another -6% today. Raines announced they acquired HP Hotels, a full-service, third party hotel […]

March 14th, 2023

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