Puerto Vallarta

The DJIA fell 46 points, Nasdaq was up 10, the S&P 500 was up 5, while the 10-year treasury yield was down .09 to 4.45%. Lodging stocks were mixed. SOND was the biggest mover and biggest loser, down another -12%. SHCO and AHT were both down -6% while VCSA fell -5% on the day. CBRE is forecasting RevPAR growth to recover in 2024 as inbound […]

The DJIA fell 159 points on Friday while the Nasdaq was up 18, the S&P 500 fell 12 points, and the 10-year treasury yield was down more than .02 to 4.57%. Despite the only mover of note being Sonder, up 22%, most lodging stocks were lower on the day. The 164-room hotel at the center of Woodinville, Washington’s $700 million Harvest development broke ground on […]

The DJIA ended Friday with a gain of 77 points, while Nasdaq was down 63, the S&P 500 fell 7 points, and the 10-year treasury yield was up .16 at 2.84% on the strong jobs report. Lodging stocks were modestly lower, although the two big gainers were to the upside. SVC surged 10% on their earnings report. The vast majority of lodging company […]