Waikiki

The DJIA fell 80 points, Nasdaq was down 97, the S&P 500 fell 16 points and the 10 year treasury yield was down .03 to 4.05%. Lodging stocks were mixed. SOND rose 8% but Selina (SLNA) plunged another -23% and is now down to near where it was in price when they completed the merger with BOA. In just a few days the […]

The DJIA fell 139 points on Friday while Nasdaq was down 104, the S&P 500 fell 28 points and the 10-year treasury yield was down .01 to 3.45%. Lodging stocks were mostly lower. While AINC was up 5%, we saw -5% declines in MAR, H, ABNB and IHG. Citigroup cut its rating on IHG Hotels & Resorts to Sell from Neutral. Citi believes the incomplete recovery […]