Latest news with #LodgingStocks
Skift
2 days ago
- Business
- Skift
Two Large San Francisco Hotels Could Be Sold Soon
The DJIA jumped 484 points, the Nasdaq was up 297, the S&P 500 rose 72 points, and the 10-year treasury yield was up .02 to 4.29%. Lodging stocks had a really good day, with the REITs taking the lead. SVC was up 7%, INN and XHR were both up 5% and PEB, SHO, WH, H, and VAC were each up more than 4%. Aimbridge Hospitality announced the launch of a dedicated all-inclusive division designed to help owners and brands tap into the rising demand for experience-led all-inclusive hotels and resorts. The new division, to be based in Miami, united core disciplines including operations, commercial strategy, and guest experience, within a unified structure and backed by established brand relationships and deep regional expertise. With qualified opportunities already in the pipeline, Aimbridge expects to finalize its first all-inclusive agreements in the coming months and begin operations under the new division by year-end.
Skift
04-08-2025
- Business
- Skift
Wyndham Hits Significant Growth Milestone
The DJIA roared back from the declines late last week, up 585 points while the Nasdaq was up 403, the S&P 500 rose 92 points, and the 10-year treasury yield was down .02 to 4.2%. Lodging stocks were higher. BHR was the only mover of note, gaining back 5%. Guerrero, Mexico's tourist destinations registered an average hotel occupancy rate of 78.2% this Sunday, according to figures from the state Ministry of Tourism. The summer season has been one of the most active for the state, with thousands of national and international visitors who have chosen places such as Acapulco, Ixtapa-Zihuatanejo, and Taxco. In Acapulco, hotel occupancy stood at 76.5%, with the Golden Zone leading with 79.1%, followed by the Diamond Zone with 75.2% and the Traditional Zone with 70%. Other destinations also reported outstanding figures: Ixtapa-Zihuatanejo reached 85.1% occupancy, Taxco de Alarconn
