Vancouver

The DJIA fell 57 points, Nasdaq was down 10, and the S&P 500 was down 9 points. Not even a .08 drop in the 10-year treasury to 4.39% could lift stocks. The extent of the good news in lodging stocks was that RHP traded up to a new high. SOND plunged another -15% to another all-time low, SLNA was down to another new low, and VCSA stayed just above a new […]

The DJIA jumped 490 points while Nasdaq surged 327. The S&P 500 rose 84 points and the 10-year treasury yield was down .19 to 4.44%, all on a low inflation report. HLT and HT hit new highs while the list of lodging stock gainers was nearly all of them. SHCO was up 14%, BHR was up 13%, AHT was up 10% and PEB […]

The DJIA surged 565 points, Nasdaq jumped 233, the S&P 500 as up 80 points and the 10-year treasury yield was down .12 to 4.67%. Lodging stocks jumped, led by earnings, led by the market, possibly short covering. AHT and PK were the big winners, up 18% and 12% respectively while INN was up 11%. SHCO and VCSA were both up 8% while […]

The DJIA rose 124 points while Nasdaq was up 62, the S&P 500 was up 27 points and the 10-year treasury yield was flat at 4.88%. Lodging stocks were modestly higher. JP Morgan downgraded IHG Hotels & Resorts from Neutral to Underweight. In the European hotels sector, JPM said Premier Inn owner Whitbread remains their top pick. Analysts at Lodging Econometrics report that the […]

The DJIA rose 127 points while Nasdaq was up 177, the S&P 500 rose 34 points and the 10-year treasury yield was down .07 to 4.74%. Lodging stocks were higher. SOND was up 6%, SHCO and INN were both up 5% on the day. STR reported US lodging data for the week ended September 30. US hotel RevPAR was up 5.4% with rates up 4.6%. Group RevPAR rose 14.6%. According […]

The DJIA fell 431 points while Nasdaq was down 248, the S&P 500 fell 59 and the 10-year treasury yield jumped another .12 to 4.80%. Lodging stocks were lower. New lows were set by VAC and AINC. SOND and AHT were each down -7%, while PEB and ABNB were down -6%. Wedbush initiated coverage on some lodging REITs this morning. Ryman Hospitality and Host Hotels were started at Outperform with price targets of $94 and […]

The DJIA fell 374 while the Nasdaq was down 257, the S&P 500 fell 60 points, and the 10-year treasury yield was up .04 to 4.24%. Lodging stocks were lower, but the biggest mover was to the upside, with SOHO bouncing back 7%. VCSA traded down to yet another all-time low. Deutsche Bank updated their models and price targets on some hotel REITs. They were […]

The DJIA jumped 408 points while Nasdaq was up 85, the S&P 500 rose 40 points, and the 10-year treasury yield was up .02 to 4.08%. Lodging stocks were modestly higher. According to the Canada Construction Pipeline Trend Report from Lodging Econometrics, the total construction pipeline in Canada at the close of the second quarter was 275 projects/37,359 rooms. Analysts at LE report that, at the […]

I have covered short-term rentals at Skift for a little over six months now, and in reporting on regulations around the world with its when will the hammer come down conjecture, I figured my time would be well-spent trying to understand some of the incentive behind the intention to regulate. And so, I did what […]

The DJIA rose 429 points, Nasdaq was up 156, the S&P 500 was up 53 points, the 10-year treasury yield was down .07 to 3.73% but lodging stocks were lower. Soho House (SHCO) was the biggest mover, down -9% but VCSA was up 7% and SLNA and Sotherly Hotels (SOHO) were both up 5%. Host Hotels & Resorts announced their board of directors authorized […]

The DJIA rose 190 points, Nasdaq was up 203, the S&P 500 was up 40 and the 10-year treasury yield was up .02 to 3.77%. Lodging stocks were mixed. The mover of note to the upside was ABNB, up 6% but SOND plunged -17% and VCSA was down -7%.  The Wall Street Journal followed up on a San Francisco Chronicle article, predicting more foreclosures and […]

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% […]