Philadelphia

The DJIA rose 57 points while Nasdaq was up 121, the S&P 500 rose 12 points and the 10 year treasury yield was down .09 to 4.57%. Lodging stocks were kind of all over the place. SHCO traded up to a new high with a 6% rise on the day. SOND was the big percentage winner, up 12% while VCSA rose […]

The DJIA was up 35 points, Nasdaq was up 41, The S&P 500 rose 8 points and the 10 year treasury yield was up .10 to 4.66%. Lodging stocks were all over the place.  HGV and BVH led the trading with BVH up 107% and HGV down -8%.  VCSA was up 10%, VAC traded down to another new low, AHT was […]

Happy hump day, folks! I hope your week is going easy. We have a long one today. Let’s get into it.  Luxury hospitality brand Inspirato has partnered with Thomas James Homes, a replacement homebuilder in the U.S. As part of the collaboration, Inspirato will provide Thomas James Homes’ clients with a complimentary 12-month Inspirato Travel […]

The DJIA rose 135 points while Nasdaq was up 79, the S&P 500 rose 23 points and the 10-year treasury yield plunged .14 to 4.66%, possibly a flight to safety amidst the Middle East turmoil. Lodging stocks were higher. AHT was the biggest winner, up 7% but H rose 6% and BHR was up 5% on the day. Hyatt Hotels stock jumped in after-hours last night and trading […]

The DJIA rose 76 points on Friday while Nasdaq was up 13, the S&P 500 was up 6 points, and the 10-year treasury yield was flat at 4.26%. Lodging stocks were modestly higher. AHT surged 14% to lead the group. AINC traded down another -5% to another new low. SLNA was down another -9%, and SOND fell another – 6%. A new Marriott […]

The DJIA was up 58 points, but the Nasdaq was down 124, the S&P 500 fell 14 points, and the 10-year treasury yield was down .03 to 4.26%. Lodging stocks were lower on the day, but you can just stick a fork in the lodging SPAC stocks. VCSA, on the reverse split news we all knew was coming, fell another -7% to another all-time low. SLNA […]

The DJIA fell 195 points, while the Nasdaq was down 10, the S&P 500 was down 18 points, and the 10-year treasury yield was up 0.68 to 4.258%. Lodging stocks were mixed, but Airbnb stock received a big lift with the announcement of its inclusion in the S&P 500. Truist reported on its visit to San Francisco for the Visit Impact Summit. The good news is that the fall […]

The DJIA was up 293 points, the Nasdaq rose 239, the S&P 500 rose 64 points, and the 10-year treasury yield was down .09 to 4.12%. Lodging stocks were higher again, with the lodging REITs leading the way. The biggest gainers were AINC, up 6%, and ABNB, up 5%. As for the REITs, the big debate now is whether the Hersha Hospitality/KSL deal means more […]

The DJIA was down 67 points, Nasdaq was down 14, the S&P 500 was down 12 points, and we may as well just get it over with and get to 4.50% on the 10-year, with the yield rising another .11 today to 4.19%. Lodging stocks were lower, weighed down by a tough day of earnings reports. SLNA, after that ridiculous trading yesterday, was […]

The DJIA fell 348 points, but Nasdaq was down more than 2% (down 310), while the S&P 500 was down 63 points. The 10-year treasury yield was up .03 to 4.08%. The initial trading when Selina Hospitality completed their SPAC deal was crazy, and today’s action showed they still have a lot of that craziness in their stock. The stock was up more than 50% […]

The DJIA rose 367 points while Nasdaq was up 109, the S&P 500 rose 32 points and the 10-year treasury yield was down .01 to 3.79%. Lodging stocks were mostly higher. Both MAR and IHG traded up to new 52-week highs. The Baird/STR Hotel Stock Index was up 6.2% in June on a month-to-month (May) basis. The Hotel Brand sub-index jumped 7.4% from May […]

Christian Lee joined Mint House as CEO in March, and 100 days into the role and a year after the company’s $35 million fundraise, Lee has his work cut out for him. But the former WeWork CFO isn’t a stranger to a volatile industry.  I caught up with Lee yesterday to learn more about the […]