Italy

What do you do when you’re a short-term rental operator during peak travel season in a busy market with regulatory restrictions? London-based Altido, which typically provides hospitality management for homes, serviced apartments, and hotels, has a solution: It operates pop-up hotels, temporary, seasonal accommodation for cities that need it. And it has a straightforward source […]

The DJIA rose 210 points, Nasdaq was up 25, the S&P 500 was up 11 points while the 10-year treasury yield retreated .04 to close to 4.01%. Lodging stocks were higher but most were up 2% to 3%. VCSA was the biggest mover, up 5% today. RW Baird issued a report on the Ashford Hospitality Trust announcement they were going to return 19 hotels (3,583 rooms) […]

The DJIA rose 270 points while Nasdaq was flat, the S&P 500 rose 23 points, the 10-year treasury yield jumped .14 to 3.85% and lodging stocks were mostly higher. AHT and PK led the gainers, up 7% and 5% respectively. SLNA was down -9% and SHCO fell -7% on the day. STR reported US lodging data for the week ending June 24. Year over […]

The DJIA ended the day and month down 135 points while Nasdaq was down 82, the S&P 500 fell 26 points and the 10-year treasury yield was down .06 to 3.64%. Lodging stocks were mixed again. SOND was up 11%, SLNA was up 6% and everyone else seemed to be up or down 1% to 2%. Piper Sandler cut their price target on Sotherly Hotels to […]

The DJIA was down 51 points but Nasdaq was up 42, the S&P 500 was flat and the 10-year treasury yield was down .11 to 3.70%. Lodging stocks were mixed. SOND was up 15% (0.0817) while SOHO jumped 12% as they announced the payment of some special preferred dividends, trying to get preferred shareholders whole again on their past dividends. AHT was up 8% […]

The DJIA was down 222, Nasdaq was up 22, the S&P 500 was down 7% and the 10-year treasury yield was down .05 to 3.40%. Lodging stocks were lower. SLNA traded down to a new low, down another -6% but SOND was down -20% and AHT was down -5%. Hyatt Hotels held an Investor Day today. They are forecasting $650 to $850 […]

The DJIA rose 66 points while Nasdaq was down 35, the S&P 500 rose 4 points and the 10-year treasury yield was down .06 to 3.52%. Lodging stocks were mixed to modestly higher. The lack of volatility in the overall market the past week, even as we get into earnings season, is a bit disturbing. According to the latest STR U.S. bubble chart update, […]

The DJIA was down 110 points, Nasdaq was down 97 points, the S&P 500 was down 24. All three U.S. indexes were on track for week-over-week losses. The 10-year Treasury yield fell to 3.546% Truist gave their 1Q lodging earnings preview. While they continue to see macro over micro with the main driver/wildcard coming from the economic impact of high interest rates […]

The DJIA ended today down 232 points while Nasdaq was down 11, the S&P 500fell 12 points and the 10-year treasury yield was down .01 to 3.92%. Lodging stocks were modestly lower. SVC traded up to a new high but ended the day in the red. MCG was the big winner, up 7% while INN was down -7% despite earnings that seemed […]

The DJIA rose 266 points while Nasdaq was up 226, the S&P 500 rose 53 points and the 10-year treasury yield was up another .04 to 3.67%. Lodging stocks were mixed. Morgan Stanley changed price targets on its covered hotel companies. Hilton’s PT was lowered to $167 from $171, while Wyndham’s PT was upped to $90 from $87. Both were maintained at Overweight. Equal-Weight […]

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 another 325 points on Monday, Nasdaq was up 0.1%, the S&P 500 fell 0.6% and the 10-year treasury yield rose to 3.88%. Peachtree Hospitality Development is on track to deliver a record year of development achievements. In 2022, PHD opened three select-service hotels, with another hotel slated to open later this year. In addition, the company will break ground this year […]