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Bryan

North America

Two Perspectives on Hotel Recovery

The DJIA fell 139 points on Friday while Nasdaq was down 104, the S&P 500 fell 28 points and the 10-year treasury yield was down .01 to 3.45%. Lodging stocks were mostly lower. While AINC was up 5%, we saw -5% declines in MAR, H, ABNB and IHG. Citigroup cut its rating on IHG Hotels & Resorts to Sell from Neutral. Citi believes the incomplete recovery […]

September 18th, 2022

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