Switzerland

The DJIA fell 347 points while Nasdaq was down 75, the S&P 500 fell 39 points and the 10-year treasury yield was up .07 to 3.83%. Lodging stocks were modestly lower. STR said US hotel RevPAR the week ending 10/1 was up 22.6% year over year, helped by Hurricane Ian and the holiday shift. RevPAR was up 12.9% when compared with the same […]

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 […]