Earnings Preview for First Quarter
Skift Take
Explore the latest trends in the hotel industry, including stock updates and market reactions in lodging investments.
The DJIA ended Friday down 269 points while Nasdaq was up 80 and the S&P 500was down 8 points. The 10 year treasury yield was up .02 to 4.32%. Last week's rebound in the market was a glimpse of the future but now that the reports are that the US/Iran talks ended without an agreement, all bets are off for what the markets do overnight globally and tomorrow in the US. For what it was worth, lodging stocks were modestly higher on Friday.
Morgan Stanley upgraded its rating on Ryman Hospitality to Overweight from Equal Weight. They raised their target price to $105 from $88. It looked like MS upped target prices on all the names in the group that they cover, except Marriott Vacations.
Jefferies released their 1Q26 lodging earnings previews. They believe the key themes are that US RevPAR trends exceeded the muted commentary in guidance, which is bullish, while the luxury segment and improving group demand remain ou
