Orlando

The DJIA was up 141 points, Nasdaq was up 87, the S&P 500 rose 23 points while the 10 year treasury yield was down .02 to 3.55%. Lodging stocks were modestly higher. The only mover of note was AHT, down -6%. Wells Fargo cut price targets on their lodging names under coverage with a good part of the blame being concerns over regional banks […]

The DJIA rose 383 points, Nasdaq was up 45, the S&P 500 rose 35 points and the 10-year treasury yield was up .09 to 3.48%. Lodging stocks were mostly higher but the biggest movers were to the downside. The newly minted penny stocks, VCSA and SOND, both traded down to new lows, dropping another -4% and -7% respectively. SLNA hit a new low, […]

The DJIA ended Friday down 345 points although individual stocks seemed to be down a lot more than the major ones in the indexes. Nasdaq fell 199, the S&P 500was down 57 points and investors surged into treasuries as a safe haven, dropping the yield on the 10-year by .23 to 3.70%. Lodging stocks were lower with the exception of MCG which […]

The DJIA ended the day down 58 points while Nasdaq was up 46, the S&P 500rose 6 points and the 10-year treasury yield was flat at 3.98%. Lodging stocks were modestly higher. The only mover of note was MCG, up 18%. Membership Collective Group reported strong 4Q results, a profitable quarter, today. In the earnings report they disclosed they would be changing their […]

The stock indexes finally found their way higher with the DJIA up 342 points, Nasdaq up 84, the S&P 500 rose 30 points while the 10-year treasury yield broke through 4% to close up .08 at 4.07%. Lodging stocks were mixed. Earnings from SOHO had a positive response, up 5%. Earnings from SLNA and SOND had the opposite effect with SOND now a penny […]

The DJIA was up 109 points, Nasdaq was up 83, the S&P 500 rose 21 points, the 10-year treasury yield was down .04 to 3.88% and lodging stocks for the most part were mixed. MCG was the biggest mover, up 7% while SOND was the biggest decliner, down -6. SLNA traded down to another new low. Marriott Vacations missed expectations with their 4Q report, […]

The DJIA fell 697 points, Nasdaq was down 295, the S&P 500 was down 82 and the 10-year treasury yield may soon see 4%, up another .13 to 3.96%. Lodging stocks were lower. There was only one mover of note, SLNA with a -6% drop getting near an all-time low today, but there was a sea of red on the screen today. DiamondRock Hospitality reported […]

The DJIA fell 431 points while Nasdaq was down 215, the S&P 500 fell 57 points and the 10-year treasury yield was up another .03 to 3.84%. Lodging stocks were lower with the exception of SVC, surging 22% on the news below. The new age companies didn’t have a good day with SLNA down -18%, SOND down -10%, MCG falling -9% and VCSA […]

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 fell 36 points, Nasdaq was down 120, the S&P 500 fell 25 points and the 10-year treasury yield jumped another .10 to 3.63%. Lodging stocks were mostly lower. SOND was the biggest mover, down -9% while VCSA fell -6%. BofA Securities initiated coverage on Marriott Vacations with a Neutral rating and a $180 price target. The Wall Street Journal published an article on how hotel […]

The DJIA fell 39 points but Nasdaq keeps rolling on, up another 385 while the S&P 500 rose 61 points. The 10-year treasury yield was flat at 3.40%. Lodging stocks were higher. SOND led the group with a 19% rise, MCG was up 9% but SLNA fell -6% on the day. Wells Fargo changed price targets on a bunch of hotel names in their coverage.  They upped Marriott’s target price […]

The DJIA rose 29 points on Friday, losing most of its gains for the day. Nasdaq was up 109, the S&P 500 rose 10 points and the 10-year treasury yield was up .03 to 3.52%. Lodging stocks were higher. SOND was the biggest gainer, up 8% while ABNB and VCSA were both up 6% on the day. Wells Fargo cut their rating on Hyatt Hotels to […]