Florida

The DJIA fell 195 points, Nasdaq was up 14, the S&P 500 fell 4 points and the 10 year treasury yield was down .17 to 3.53%. How is that for a weird market? Lodging stocks were mixed. VCSA was down -5% while SLNA traded down to another new low. Truist gave their observations on the latest forward-looking booking and pricing trends for US hotels and checks with contacts. […]

For a change, the markets went up when Fed Chief Powell spoke. They interpreted his commentary and body language as blinking, that the bulk of the interest rate hikes are over. The equity markets surged in the afternoon, ending the day with the DJIA up 737, Nasdaq up 484, the S&P 500 rose 122 and the 10 year treasury yield was down .05 […]

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 the short session on Friday up 153 points while Nasdaq was down 59, the S&P 500 was down a point and the 10-year treasury yield was down .02 to 3.69%. Lodging stocks were modestly higher on the day. STR reported US lodging data for the week ended 11/19. US hotel RevPAR was up 20.1% year over year while up 19.3% for the same […]

The DJIA jumped 398 points while Nasdaq was up 150, the S&P 500 rose 54 points and the 10-year treasury yield was down .07 to 3.76%. So much for a calm, short week. Lodging stocks were modestly higher. Due to the upcoming Thanksgiving Day Holiday, the next Daily Lodging Report – North America will be Sunday, November 27. Happy Thanksgiving to all that celebrate. […]

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 […]

The DJIA fell 39 points while Nasdaq was down 175, the S&P 500 fell 33 points and the 10 year treasury yield was down .11 to 3.69%. Either investors did not like Membership Collective Group’s earnings report, their management changes or both but the stock got crushed today, down -19%. Lodging stocks were modestly lower on the day with the only other mover of note […]

The DJIA rose 56 points while Nasdaq was up 162, the S&P 500 rose 35 points and the 10 year treasury yield fell .07 to 3.80%. Lodging stocks were modestly higher. SOND was the only real big mover, down -7%. Truist published a report on Vacation Ownership following 3Q results from the public companies involved in the segment. While they believe the reports and outlooks were […]

The DJIA plunged 647 points while Nasdaq was down 263, the S&P 500 fell 80 points and the 10 year treasury yield was up .03 to 4.15%. Lodging stocks were lower. HGV was one of the only gainers, up 7% while MCG was down -12%, SOND fell -10%, VCSA was down -9% and SLNA was down -8%. Hilton Grand Vacations clearly had the best […]

The DJIA rose 334 points, Nasdaq was up 52, the S&P 500 rose 21 points and the 10 year treasury yield was down .09 to 4.13%. Lodging stocks were modestly higher. SLNA was higher for a second day, up another 11%, while VCSA was up 5%. Apple Hospitality reported a modest beat with RevPAR up 7.5% versus 3Q19. In September and October APLE bought […]

The DJIA rose 398 points while Nasdaq was up 97, the S&P 500 was up 38 points and the 10-year treasury yield was up .06 to 4.21%. Lodging stocks were mixed. Choice (CHH) was the big loser, down -9%, while MCG was down -7% and AINC fell -6%. SLNA had a big rebound day in the morning, up 50% but ended the day […]

The DJIA did what it has been doing the past few Fridays, jumping 402 points while Nasdaq was up 132, the S&P 500 rose 51 points and the 10 year treasury yield was up .03 to 4.16%. Lodging stocks were mixed. SLNA plunged another -20%, quickly becoming the biggest disaster in a long line of SPAC disappointments in the past year, SLNA […]