Universal Studios Is Rolling Out New Hotels in Orlando and L.A.
Skift Take
Universal Studios is undergoing major expansions in Hollywood and Orlando, including new hotels and the opening of the Epic Universe theme park in 2025.
Holiday Schedule: The final Daily Lodging Report for 2024 will be on Tuesday, December 24th. The first DLR of 2025 will be January 2, 2025. We wish you all a happy and healthy holiday season.
The DJIA was up 390 points, Nasdaq was up 266, the S&P 500 was up 66 points in the short session for Christmas Eve. The 10-year treasury yield was down .02 to 4.58%. Lodging stocks were modestly higher. The two takeover stocks were lower, with SHCO losing most of yesterday’s gain, back down -4% and more than 20% off the $9 supposed take-private price. PLYA was down -1% on the day.
Matrix Hotels expects its next hospitality project near Exit 19 in Queensbury, New York, to cost about $20 million, according to documents submitted to the Warren-Washington Industrial Development Agency. The company plans to build a 110-room TownePlace Suites by Marriott hotel at 528 Aviation Road, adjacent to another Matrix&nbs
