Hawaii's Hotels See Some Declines in 2025 Performance
Skift Take
The latest in hotel deal and development news.
The DJIA fell 25 points while the Nasdaq rose 218, the S&P 500 was up 33 points, and the 10-year treasury yield was down .07 to 4.21%. Lodging stocks were modestly higher. PEB was the mover of note, up 5% on the day.
Truist changed price targets on many of its covered hotel names. Sell-rated ABNB’s target price was cut to $104 from $106; Hold-rated SHO was cut to $10 from $11, while Hold-rated MAR was raised to $278 from $271, and Hold-rated HST was upped to $19 from $17. Buy rating H had their price target bumped up $19 to $159 from $140.
BMO Capital upped its target price on XHR to $16 from $15.
Truist gave their latest observations on forward-looking booking and pricing trends for U.S. hotels and anecdotal learnings from industry contacts. For the third quarter of 2025, it sees mid and upper-end U.S.&
